Silver 30M Triangle - Asia/Oceania Tues 3 Sept. 24

2 wrz

https://www.tradingview.com/x/hEiLnZ2D/

I saw this triangle develop of the 30m chart for Silver.

Price appears to be breaking down from Triangle.

2 wrz

Uwaga

Price breaking down out of a 1 minute triangle

2 wrz

Uwaga

Price below key EMA's

2 wrz

Zlecenie aktywne

Short:
Hourly trend-line has been broken under price

2 wrz

Uwaga

Daily Chart:
Price sits well below key moving averages on Daily > 1%

2 wrz

Zlecenie aktywne

Continued weakness in the Gold-price

2 wrz

Uwaga

* Trading is Risky. These are purely my own ideas which you are welcome to incorporate into your own trading. Please don't rely solely on my investment advice or trade setups. Not to be constituted as investment advice in a strict sense.

2 wrz

Uwaga

The Gold-price has got a 5m & 10m bearish Head 'n' Shoulders

2 wrz

Uwaga

But there is also a Bullish H&S'a but the neckline is right up there at 2508.

2 wrz

Uwaga

If price breaks down at this Double bottom... I think there could be a considerable sell-off.

2 wrz

Uwaga

Here is my triangle on the 30m chart.
I see the long-wick candles that formed early Monday New York time.
Price close to breaking to the downside of the triangle.

2 wrz

Zlecenie aktywne

2 wrz

Uwaga

Short: Stop @ 2501.30

2 wrz

Uwaga

TP: 2492 - 2494 zone

3 wrz

Uwaga

Hourly Chart for Gold:

3 wrz

Uwaga

Price action very slow during New Zealand the past 2 hours. Australia session commenced 20 minutes ago.

3 wrz

Uwaga

Weakness under 28.50 for Silver

3 wrz

Uwaga

28.4960

3 wrz

Uwaga

Silver

3 wrz

Uwaga

In the end I got them to chase after my tp right down at 28.32

3 wrz

Uwaga

I placed a stop-loss for the buy-orders under the low price we just had. Silver has shot back up. Gold is struggling a bit. If you bought back in make sure you put a sl under the swing low down there.

3 wrz

Uwaga

Gold stopped me out. I took quick profit on the silver. The system could move lower. Im taking a good break now. later.