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Silver Has Flashed a Bullish Crossover Signal on the 2-Week Chart (2023 forecast)
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Silver has flashed a bullish crossover signal on the 2-week chart (2023 forecast). In September we warned that commercial hedgers (also known as the "smart money") were taking big positions in one major market. Now the technicals on the charts are lining up with that by showing a positive crossover signal on the 2-week MACD chart. As we explained in a previous video, a MACD positive crossover signal on the 2-week timeframe increases the probability of seeing higher prices on that chart. In this video we explain which chart is now showing this signal on the MACD as well as the potential levels of risk. #silver #slv #alessiorastani
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DISCLAIMER and RISK WARNING:
Trading has large potential rewards and also large potential risks. You must be aware of the risks and be willing to accept them. Don't trade with money you can't afford to lose. We are neither an investment advisory service nor an investment advisor. Data and information provided are solely for educational purposes. Nothing in this channel, videos and the information provided in it should be construed as a recommendation to buy or sell stocks, ETFs, futures, indices, forex, cryptocurrencies, commodities or any market. The past performance of any trading system or methodology is not necessarily indicative of future results. Current analysis can change due to future market events. Investing in cryptocoins or tokens is highly speculative and the market is largely unregulated, therefore anyone considering it should be prepared to lose their entire investment.
For the LT Elliott Waves indicator special offer (promo code EWSPECIAL for $200 off):
For Charlie Burton's 30 day free trial of gold level membership:
For more visit:
Follow Alessio Rastani:
Watch more Alessio Rastani:
DISCLAIMER and RISK WARNING:
Trading has large potential rewards and also large potential risks. You must be aware of the risks and be willing to accept them. Don't trade with money you can't afford to lose. We are neither an investment advisory service nor an investment advisor. Data and information provided are solely for educational purposes. Nothing in this channel, videos and the information provided in it should be construed as a recommendation to buy or sell stocks, ETFs, futures, indices, forex, cryptocurrencies, commodities or any market. The past performance of any trading system or methodology is not necessarily indicative of future results. Current analysis can change due to future market events. Investing in cryptocoins or tokens is highly speculative and the market is largely unregulated, therefore anyone considering it should be prepared to lose their entire investment.
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