silver analysis Archives - Page 10 of 16

Gold & Silver: Silver Has Ace In The Hole

Posted on February 27, 2017February 28, 2017 by Aibek Burabayev

Everything in our world consists of uncountable invisible parts. It looks like a Great Constructor builds everything thoroughly copying and pasting the smallest parts of every single thing connecting it into something big and meaningful let it be living or non-living things.

And so are the market trends as they consist of the smallest tick trends, which are invisible on higher time frames. But when these ticks are built stable into one direction it makes a megatrend like the house is being built of small bricks. Top metals are now building an uptrend, which consists of smaller ones which I would like to highlight for you today in updated daily charts below. Continue reading "Gold & Silver: Silver Has Ace In The Hole" →

Silver Stocks: Is This Fallen Angel Worth A New Chance?

Posted on February 22, 2017February 22, 2017 by Aibek Burabayev

People ask me why I prefer silver over gold recently. There are several factors why I like in silver, the first is the cheap price, you don’t need to use leverage to enter the market, the second is that I have a bearish view of the gold/silver ratio and the third, but not the last thing is that it is not favored by central banks or ETFs and flies die when elephants fight.

So, in this post I would like to analyze some silver stocks. As you might remember they scored record gains last year and I thought we could see more gains as precious metals crept to the upside after consolidation.

Chart 1. Top Silver Stocks: One Stock Lost The Flock

Chart courtesy of tradingview.com

There are top 5 silver mining companies by market capitalization and silver itself (black) in the chart above. Continue reading "Silver Stocks: Is This Fallen Angel Worth A New Chance?" →

Gold & Silver: Reversed! What's Next?

Posted on January 30, 2017 by Aibek Burabayev

It’s ironic that people often get puzzled when they get what they wanted or dreamt about. Those who had dreamt of having a baby often panic when the baby is born and think what should we do with this cute toddler?

We are now in the same situation. I called for market a reversal last month and now we got it! Hmm…what’s next? Now that my prediction raised a ton of money I need to carry on using chart analysis only.

Chart 1. Gold Daily: The Santa Claus Rally!

Chart courtesy of tradingview.com

It was not easy at all for gold to escape from captivity of the blue downtrend. I extended it on the chart above to cover the whole move down as in the previous chart it was half as short as such deep was this move. Continue reading "Gold & Silver: Reversed! What's Next?" →

Silver Monthly: Exotic Pattern

Posted on December 13, 2016December 12, 2016 by Aibek Burabayev

It’s always such luck to find something when you really need it. I didn’t update the monthly chart for silver from July as we need to give time to the market for visible changes. I am very thankful to regular readers who comment on my posts and doing so; they give me a feedback with a clue of what you really need or what is your biggest concern. Last week one of the readers asked why I put short term setups with a bullish view. I answered that as long as the market broke above the medium-term downtrend, we can watch the upside. Today I would like to update the monthly chart as it is always better to see once than to read/hear about it many times.

This time I changed the usual order of charts. I would like to start from what we all didn’t see. The exotic pattern was detected, and I am glad to share it with you below. Continue reading "Silver Monthly: Exotic Pattern" →

Gold & Silver: Silver Is The First Up

Posted on December 5, 2016December 5, 2016 by Aibek Burabayev

Those who hope tell themselves - one day the tide will turn. I think a lot of people are either long or they’re not and were waiting for the rise of the top metals. Below are fresh charts which could help us to understand where we are and when the tide will turn higher.

Chart 1. Gold Daily: Watch The Breakup For Reversal