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...
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 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...
In this technical blog, we’re going to make a recap of our recent forecast in Silver (XAG), which has been following the path that we had established in our charts offered to the customers of Elliottwave-Forecast. If...
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)...
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...
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 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 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 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...
