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iShares Silver Trustii

iShares Silver Trust

30.82USDR
+0.19+0.60%
As of today at 14:33 GMT
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SLV trade ideas

Silver and the Election Silver has historically thrived under Democratic presidents, and I think this will be no different this time around if (or when) Biden wins. SLV seemed to recover the last 2 days of this week on riding the trendline that's been dating back to March of this year. I'm going to be watching 24.25 as resistance this week with possible upside of 25.50's in the short term run. I am long on SLV and hoping we can see similar levels we saw in 2012 - at the 35's.
AMEX:SLV
by itsmiguelsol
SLV January 2021 range forecast $29.92 - $32.17Silver is in two metal categories. It is considered a precious metal used in jewelry and coins. And it's an industrial metal because it is the best thermal & electrical conductor ideal for electronic technology devices. Yesterday, on November 5th, The Federal Reserve voted to keep short-term borrowing rates anchored in a range between 0%-0.25%. Economic activity remains “well below” levels prior to the coronavirus pandemic, the Fed’s post-meeting statement said. Fed officials have been vocal about the need for more fiscal and possibly additional monetary support. With technology demand rising and inflation forecast rising, silver is well positioned for gaining value into the future. Do your own due diligence, your risk is 100% your responsibility. Good luck and happy trading friends... *3x lucky 7s of trading 101* 7pt Trading compass: Price action Volume average Trend momentum Current events Revenue & Earnings Debt / Cash Book value 7 Common mistakes: FOMO +5% portfolio trades Bad risk management Emotions & Opinions Lack of planning & discipline Forgetting restraint Repetitive errors 7 Important tools: Trading View app Accurate indicators & settings Wide screen monitor/s Trading log (pencil & graph paper) Big organized desk Reading books Brokerage UI Checkout my indicators: Fibonacci VIP - volume Fibonacci MA7 - price www.tradingview.com
ALong
by Options360
3
#SLV Almost Ready for the Continuation#SLV Setting up a bullish pennant on weekly and daily time frames. High volume run ups are usually followed by a period of consolidation before a continuation/reversal. Once silver breaks above the upper trendline and clears 23.55, SLV should start its move to $30+ by the end of the year. This is just the start for silver and gold and if it isn't a part of your portfolio yet, I'd strongly consider it. Do your own due diligence as always.
ALong
by Three-Bull-Insight
SLV Monthly channel and Election year seasonality SLV price pattern resembles year 2012 election year more it looks like. All SLV seasonality regardless of election, Recent 5 years 2015-2019: Oct/Nov/Dec 0.8/-5.1/2.3 Recent 7 years 2013-2019: Oct/Nov/Dec 0.0/-5.5/1.5 Recent 10 years 2010-2019: Oct/Nov/Dec 2.2/-2.6/-0.5 Recent 2 previous election years 2016: Oct/Nov/Dec -6.8/-7.7/-3.5 2012 Oct/Nov/Dec -6.6/3.2/-9.2 Disclaimer, this is only for entertainment and education purposes and doesn't serve by any means as a buy or sell recommendation. Personally I hold both long term long positions and occasionally short term short position, for disclosure purpose.
A
by hanzhao311
SLV closed at trend lineClosed at just at the trend line and a major confluence point. The trend is clearly down from the 8 hour view. RSI just broke up trend giving a big warning sign. RSI trend breaking is normally a LEADING indicator which could mean trend line break for the price line. SInce this is 8 hour chart it would carry more weight for sure. Disclaimer, this is only for entertainment and education purposes and doesn't serve by any means as a buy or sell recommendation. Personally I hold both long term long positions and occasionally short term short position, for disclosure purpose.
A
by hanzhao311