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SILVER Crossroads Trading Wave

SILVER Main Influential Factors 

Limitation of Supply levels and the stable, constant

demand levels. any change in this long-lasting
relationship, will strike the prices hardly and steeply.
Silver Scrap and recycling activity; after the new digital
era hit the Globe there was one main advantage of
collapsing business involved in photography and other
silver related industries, the main gain was the massive
stockpiles of recycled silver content and readily
accessible Silver stockpiles.
New demand from Solar panels, photovoltaic and green
energy alternatives
Inflation, with rising inflation level over time Silver has
been always a great hedge against it, and can provide
protection against it.
Interest Rates, silver is the kind of long term
investment due to its subtle trading nature. so most of
the retailers/buyers tend to purchase it with Margin/Loan
which makes it highly correlated to IR changes.
Governments' policies, silver markets continue to be
influenced by government actions and policies. central
banks around the globe buy and sell silver bullion.
National mints, such as the U.S. Mint, consume a great
deal of the world’s supply of silver by producing both
bullion and numismatic-quality coinage. 

GOLD/SILVER Ratio​
The ratio is meant to define how many Gold ounces can
be obtained by a silver ounce, the average ratio goes to
60:1. which means every 60 silver ounce can obtain 1
Gold ounce.
The ratio can be used to develop a portfolio allocation
based on the high and low points of this ratio or
to rebalance an existing portfolio based on the existing
prices.
For example, if the ratio hits 100 or higher, the gold
investor would sell off an ounce of gold to purchase one
hundred ounces of silver.
Currently, the reading of the Ratio goes around 73-79$
on the monthly frame. which considerably within the
average limit, this indicates that the Gold prices may still
rally again and in accordance, Silver prices won't be as
tempting as it was earlier in Feb'21.
March'20 Peak of the ratio was 126.43, lowest point
recorded on Feb.'2021 at 62.51.
it is highly expected that the ratio may resume bouncing
to $80-83 zone, if it managed to balance the current
throwing back above 68-70 support zone.
 Spot Silver Technical Insight​

Correctional Scenario: Silver broke to breach the early

marked Nov.'20 low cited at $21.87 by the Monthly
closing to record Sept.'21 low around $21.46
as of closing below $24-23.85 is going to pressure the
upcoming monthly/weekly candles to start favoring the
bears' side targeting on the monthly
around $23.28 then$22.85 levels 
 On the FLIP side; current rebounding continuation
Scenario: attempting to close above $26.35 is going to
reactivate the upward path to retest the late highs at
$28.30 zone.

TRADE SILVER

Risk WARNING: CFDs are complex financial products traded on margin. Trading CFDs is risky

and may not be suitable for all investors. Ensure you understand the risks involved as you may

lose all your invested capital. The Past performance of CFDs is not a reliable indicator of future

results. Most CFDs have no set maturity date and a CFD position matures on the date an open

position is closed.

Derivatives Desk

Client Support Team

WhatsApp:+973 32019725

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