{"id":125715,"date":"2018-04-25T06:35:45","date_gmt":"2018-04-25T10:35:45","guid":{"rendered":"http:\/\/countingpips.com\/?p=125715"},"modified":"2018-06-01T15:39:50","modified_gmt":"2018-06-01T15:39:50","slug":"silver-gives-us-another-chance-to-accumulate-and-buy","status":"publish","type":"post","link":"https:\/\/www.investmacro.com\/forex\/2018\/04\/silver-gives-us-another-chance-to-accumulate-and-buy\/","title":{"rendered":"Silver gives us another chance to accumulate and buy"},"content":{"rendered":"<div id=\"inves-2565942162\" class=\"inves-below-title-posts inves-entity-placement\"><div id =\"posts_date_custom\"><div align=\"left\">April 25, 2018<\/div><hr style=\"border: none; border-bottom: 3px solid black;\">\r\n<\/div><\/div><p>By <a href=\"https:\/\/www.thetechnicaltraders.com\/partners\/idevaffiliate.php?id=237&amp;url=http:\/\/www.thetechnicaltraders.com\/silver-gives-us-another-chance-to-accumulate-and-buy\/\" target=\"_blank\" rel=\"noopener\">TheTechnicalTraders.com<\/a><\/p>\n<p>Our\u00a0recent silver analysis\u00a0could not have been more accurate.\u00a0 Please take a minute to read it before you continue reading the rest of this post if you have not already done so. The Silver price breakout, to near $17.20, last week was incredible.\u00a0 It established a new Fibonacci price trend, established a downward channel price breakout, coincided with a Pennant\/Flag price formation breakout and the wave count of this Pennant Flag breakout was perfect.<\/p>\n<p>Our research indicated that after this $17.20 price breakout happened last week, any retracement below $16.75 while price held above support near $16.00 would constitute a \u201cBUY ZONE\u201d where traders could begin accumulating physical metal or equity shares.\u00a0 The move lower today in Silver, which is related to the US Dollar and Bond yields move today, may be an absolute gift for metals traders.\u00a0 We mean this could be a \u201cfire sale\u201d type of gift if prices continue to stagnate below $16.50 for a few days.<\/p>\n<p>As much as I would like to tell you that Silver is rocketing higher as we predicted, we have to learn to play these price rotations to our advantage \u2013 especially when the markets are handing you opportunities like this.\u00a0 Again, $16.00 is our support level currently.\u00a0 Anything below $16.75 and above $16.00 is our\u00a0 BUY ZONE.\u00a0 We are waiting to see how the market this week before we make a decision on accumulation, but this looks like an excellent opportunity to consider adding to our existing positions\/physical holdings if one has the opportunity.\u00a0 Remember, the upside potential of this move could be as much as 25~70%.<\/p>\n<p><img loading=\"lazy\" decoding=\"async\" class=\"aligncenter size-full wp-image-25979\" src=\"http:\/\/www.thetechnicaltraders.com\/wp-content\/uploads\/2018\/04\/Chart_18-04-23_SilverAccumulate.png\" sizes=\"auto, (max-width: 700px) 100vw, 700px\" srcset=\"http:\/\/www.thetechnicaltraders.com\/wp-content\/uploads\/2018\/04\/Chart_18-04-23_SilverAccumulate.png 700w, http:\/\/www.thetechnicaltraders.com\/wp-content\/uploads\/2018\/04\/Chart_18-04-23_SilverAccumulate-300x208.png 300w\" alt=\"\" width=\"700\" height=\"486\" \/><\/p>\n<p>If you want to know how to take advantage of these moves and stay ahead of the markets, then visit our website to learn how we help our valued subscribers find and execute success every month.\u00a0 These types of tools are only one component of what we offer our members \u2013 we also offer Daily video analysis of the market, advanced research posts, Daily updates and more.\u00a0 We know we are the only research team that can offer you these types of advanced predictive modeling systems. If you have ever wanted to know what the markets are going to do with relative certainty, join us today.<\/p>\n<p><img loading=\"lazy\" decoding=\"async\" class=\"aligncenter size-full wp-image-25978\" src=\"http:\/\/www.thetechnicaltraders.com\/wp-content\/uploads\/2018\/04\/Chart_18-04-23_SI_M_Waves.png\" sizes=\"auto, (max-width: 700px) 100vw, 700px\" srcset=\"http:\/\/www.thetechnicaltraders.com\/wp-content\/uploads\/2018\/04\/Chart_18-04-23_SI_M_Waves.png 700w, http:\/\/www.thetechnicaltraders.com\/wp-content\/uploads\/2018\/04\/Chart_18-04-23_SI_M_Waves-300x208.png 300w\" alt=\"\" width=\"700\" height=\"486\" \/><\/p>\n<p>Our articles,\u00a0<u>Technical Trading Mastery book<\/u>, and\u00a0<u>3 Hour Trading Video Course<\/u>\u00a0are designed for both traders and investors to explore the tools and techniques that discretionary and algorithmic traders need to profit in today\u2019s competitive markets.\u00a0Created with the serious trader and investor in mind \u2013 whether beginner or professional \u2013 our approach will put you on the path to win with\u00a0<u>our stock and ETF trading signals<\/u>. Understanding market structure, trend identification, cycle analysis, volatility, volume, when and when to trade, position management, and how to put it all together so that you have a winning edge. Visit:\u00a0<u><a href=\"https:\/\/www.thetechnicaltraders.com\/partners\/idevaffiliate.php?id=237&amp;url=http:\/\/www.thetechnicaltraders.com\/silver-gives-us-another-chance-to-accumulate-and-buy\/\">www.TheTechnicalTraders.com<\/a><\/u><\/p><div id=\"inves-591772884\" class=\"inves-in-content inves-entity-placement\"><hr style=\"border: 1px solid #ddd;\">\r\n<div id=\"inpost_ads_header\">\r\n<p style=\"font-size:10px; float:left; color:#666;\">Free Reports:<\/p><\/div>\r\n<div id=\"inpost_ads\"> \r\n<p style=\"font-size:15px; float:left;\"><a href=\"https:\/\/goo.gl\/1ApBOV\"><img loading=\"lazy\" decoding=\"async\" src=\"https:\/\/investmacro.com\/wp-content\/uploads\/2018\/06\/graph_techs_PD.png\" align=\"left\" width=\"80\"  height=\"55\"\/><\/a>\r\n\t     <a href=\"https:\/\/goo.gl\/1ApBOV\"><b><u>Get Our Free Metatrader 4 Indicators<\/u><\/b><\/a> - Put Our Free MetaTrader 4 Custom Indicators on your charts when you join our Weekly Newsletter<\/p><br><br>\r\n<br>\r\n<br>\r\n<p style=\"font-size:15px; float:left;\"><a href=\"https:\/\/goo.gl\/f3RrHX\"><img loading=\"lazy\" decoding=\"async\" src=\"https:\/\/investmacro.com\/wp-content\/uploads\/2019\/01\/cot_pie_80.png\" align=\"left\" width=\"80\"  height=\"55\"\/><\/a>\r\n\t    <a href=\"https:\/\/goo.gl\/f3RrHX\"><b><u>Get our Weekly Commitment of Traders Reports<\/u><\/b><\/a> - See where the biggest traders (Hedge Funds and Commercial Hedgers) are positioned in the futures markets on a weekly basis.<\/p><br><br>\r\n<\/div>\r\n<hr style=\"border: 1px solid #ddd;\">\r\n<br><\/div>\n","protected":false},"excerpt":{"rendered":"<p>By TheTechnicalTraders.com Our\u00a0recent silver analysis\u00a0could not have been more accurate.\u00a0 Please take a minute to read it before you continue reading the rest of this post if you have not already done so. The Silver price breakout, to near $17.20, last week was incredible.\u00a0 It established a new Fibonacci price trend, established a downward channel [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[],"tags":[],"class_list":["post-125715","post","type-post","status-publish","format-standard","hentry","no-post-thumbnail"],"_links":{"self":[{"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/posts\/125715","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/comments?post=125715"}],"version-history":[{"count":1,"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/posts\/125715\/revisions"}],"predecessor-version":[{"id":125717,"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/posts\/125715\/revisions\/125717"}],"wp:attachment":[{"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/media?parent=125715"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/categories?post=125715"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/tags?post=125715"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}