Elliott Wave View: Silver (XAGUSD) Correction May Extend

by elliottwave-forecast.com | October 29, 2020 3:21 pm
Short term Elliott Wave View in Silver (XAGUSD) suggests that cycle from August 7 peak is unfolding as a triple three Elliott Wave structure. In the 60 minutes chart below, the metal ended wave ((X)) ((X)) at...

Gold-to-Silver Ratio Suggests Further Upside in Precious Metals

by elliottwave-forecast.com | October 27, 2020 1:56 pm
Government and corporations around the world continue to accumulate unsustainable debt. Since it’s unthinkable for developed countries such as the United States to default on the obligation, the only way out of this situation is to continue...

AUG (Gold/Silver Ratio) Showing A Five Waves From 03.18.2020

by elliottwave-forecast.com | October 1, 2020 4:29 pm
AUG( Gold/Silver Ratio), Showing A Five Waves From 03.18.2020. The Ratio between Gold/Silver ( AUG) is a very good indicator of where the market is heading and especially the $USDX trade. The Ratio reached the extreme blue...

Elliott Wave View: Support Area for Silver

by elliottwave-forecast.com | September 23, 2020 2:54 pm
Elliott Wave View of Silver (XAG) suggests the cycle from September 1 high has ended as wave (1) at 25.82 low. From there, the metal bounce higher in wave (2). The correction unfolded as zigzag Elliott Wave Structure....

$FRES : Largest Silver Producer Fresnillo Rallies Impulsively

by elliottwave-forecast.com | August 7, 2020 3:08 pm
Fresnillo plc is the world largest silver producer which has its headquarters in Mexico City. Founded 2008, incorporated in UK and traded under tickers $FRES at LSE and $FNLPF in US in form of ADRs, it is...

Silver ( $XAGUSD ) Buying The Dips At The Blue Box Area

by elliottwave-forecast.com | August 5, 2020 4:27 pm
Hello fellow traders.  Another instrument that we have been trading lately is SILVER ( $XAGUSD )  . In this technical blog we’re going to take a quick look at the Elliott Wave charts of SILVER, published in...

Elliott Wave View: Silver Has Room for More Upside

by elliottwave-forecast.com | July 22, 2020 4:15 pm
Silver 1 hour chart below shows that the metal has ended pullback from July 13 high as wave ((ii)) at 18.85 low. From there, the metal has continued to extend higher. The rally has also broken above...

Forecasting The Rally in Silver (XAGUSD)

by elliottwave-forecast.com | July 21, 2020 4:00 pm
In this blog, we are going to take a look at the Elliott Wave chart of Silver (XAGUSD).  The 45 minutes London chart update from July 17 shows that the metal has ended cycle from July 2...

Silver: How to Gauge the Crowd’s Mindset

by ForexCycle.com | June 11, 2020 3:58 am
By Elliott Wave International Simply put, a market sentiment extreme is a situation when most everyone has already taken a bullish or bearish position in a financial asset, leaving almost no one left to buy or sell....

Gold and Silver: Pay Attention to This Noteworthy Record High

by ForexCycle.com | May 2, 2020 12:15 am
By Elliott Wave International Related financial markets tend to move together. For example, gold and silver. Or, consider stocks. When the Dow Industrials are up on a given trading day, the NASDAQ is usually in the green...