SILVER: DOES IT MAKE ANY SENSE?

17 thg 11, 2018

Hi Guys,

the above move is on the DAILY chart of SILVER whilst the move below is on the HOURLY chart of GOLD.



They look similar, don't they? Silver seems to lag or is it just an impression?

Please leave your comments and a "like" if you would like me to keep posting on this move. Thank you for your support.

Hope you like it and enjoy.

Disclaimer:
Please note that I am not a professional trader and these are my personal ideas only. The information contained in this presentation is solely for educational purposes and does not constitute investment advice. The risk of trading in securities markets can be substantial. You should carefully consider if engaging in such activity is suitable to your own financial situation. CozzamaraDaZena is not responsible for any liabilities arising from the result of your market involvement or individual trade activities.

17 thg 11, 2018

Ghi chú

Below I am posting two snapshots: GOLD DAILY CHART and SILVER HOURLY CHART. The contrary of what I did before.
GOLD DAILY CHART

SILVER HOURLY CHART

17 thg 11, 2018

Ghi chú

My question is: if GOLD hit the resistence at 1240, will SILVER hit the resistence at 15?

17 thg 11, 2018

Ghi chú

Ok, I think I am getting there...the following snapshots are GOLD and SILVER both HOURLY charts. Please note the vertical line is the 16/8, GOLD's low. SILVER hits its low after the precious metal.

17 thg 11, 2018

Ghi chú

TO NOTE RSI ON BOTH CHARTS. GOLD MADE A TOP IN OVERBOUGHT TERRITORY. SILVER'S RSI HAS NOT ENTERED IN OVERBOUGHT TERRITORY YET.

17 thg 11, 2018

Ghi chú

ALERT that a top may be forming at 1225-1230 on Gold and at 14,5-14,6 on Silver. I add again the same snapshots with the addition of a line on the tops made last Friday 16/11.
GOLD HOURLY CHART

SILVER HOURLY CHART

19 thg 11, 2018

Ghi chú

RESISTENCE