Silver (XAGUSD): Getting Ready For A Huge Rally.

by elliottwave-forecast.com | April 14, 2020 4:38 pm
Every trader around the World relates trading XAGUSD with XAUUSD. Most of the time, they trade in what we call direct correlation, which means they agree in both swings and overall direction. Since 2015 something very interesting...

Elliott Wave View: Silver Has Scope for More Downside

by elliottwave-forecast.com | January 30, 2020 5:24 pm
Elliott wave view in Silver (ticker: XAGUSD) suggests that the sequence from January 8, 2020 high remains incomplete. As such, the metal still has scope to see more downside to reach the 100 – 123.6% Fibonacci extension...

Silver Elliott Wave View: Incomplete Sequence Calling More Downside

by elliottwave-forecast.com | November 12, 2019 8:32 pm
Short term Elliott Wave view suggests the rally in Silver ( $XAGUSD) to $18.32 high ended wave (X) bounce. Down from there, wave (Y) remains in progress & shows an incomplete sequence from 9/04/2019 peak ( $19.64)...

Why Silver Price Is Sending A Warning To The SPX

by elliottwave-forecast.com | August 21, 2019 11:42 pm
Hello Traders. as we always do at Elliott Wave Forecast we believe in the one Market only concept. Back in 2017, we did a blog in which we mentioned that Silver was the smartest way to sell...

The ‘Silver Lines’ of Opportunity

by ForexCycle.com | April 14, 2019 5:27 am
By Elliott Wave International On February 20, Variety Magazine’s “Film News Roundup” announced a new thriller coming to theaters near you: “The Silver Bear.” Funny enough, that same day, another kind of thriller was playing out in...

Silver Elliott Wave View: Bearish Sequence and Invalidation

by elliottwave-forecast.com | April 11, 2019 7:55 pm
Silver has been bouncing since making a marginal new low on April 4, 2019. We publish a free Chart Of The Day from visitors of our websites every day from Monday – Friday. We showed Silver 1...

Ishares Silver Trust (SLV) Larger Cycles and Elliott Wave

by elliottwave-forecast.com | February 4, 2019 8:50 pm
Ishares Silver Trust (SLV) Larger Cycles and Elliott Wave Firstly as seen on the weekly chart shown below. There is data back to when the ETF fund was started in 2006. Data suggests the fund made a...

Gold-to-Silver Ratio Near Turning

by elliottwave-forecast.com | June 20, 2017 12:59 pm
Gold-to-Silver Ratio Daily Chart Gold-to-Silver ratio is correcting cycle from 2/29/2016 peak (83.68) in 7 swing. While the bounces fail below 83.68 high, the ratio should resume lower or at least pullback in 3 waves. Down from...

Randgold Resources Short Term Bullish Sequence

by elliottwave-forecast.com | May 24, 2017 12:13 pm
Randgold Resources (NASDAQ: GOLD) was founded 22 years ago in 1995, it’s a gold mining business operating in Africa mainly in Mali. The price of Gold & Silver dropped significantly early this month which put a lot of pressure...