flower-shilling

Price Action

Smithys Bullion - FINE GOLD AND SILVER
I've been watching the 1 hour charts of Gold & Silver. Very interesting moves that happen quite consistently.

It just looks like a effort is made a certain points to drive the price of Gold/Silver below certain levels.

That does happen. Previously these downward drives work & kept the price suppressed.

Something has change. The drives down are now meet with a consistent push back up that exceeds the previous price, creating a new high.

I'm not sure how these markets function, but there does seem to be a change . Articles/people are saying that the " Players " have lost control of the pricing. I'm not sure what that means exactly, but a change does seem to have happened.

I'm ok with the change as it's bringing higher prices. Prices that may be are reflecting the true reality of market dynamics & the risks that are now becoming apparent.

TIME will reveal all.
 
Interesting to note that silver price is now in phase 2 of the Elliott wave since its breakout . It is also testing ATHs of 2011 at this level so a good healthy pullback and then into phase 3 of the Elliott wave that we all know is the longest and strongest of the waves, and with new investors scrambling to get what silver they can I can feel 100$ AUD coming on fast.
Screenshot_20251022_113835_TradingView.jpg
 
new metals investors, well put them in the long wait lists
harder to get their hands on the metal without bigger premium now
what intended as discouragement, turning into bigger buys more the next time
 
^^^^ The mind boggles how much of that silver will actually come from the US, and how much China will give to India first dibs? The amount they are talking about is minuscule on today's market. And what is the trade contract? The Chinese don't want USD because it is toxic
 
I don't understand why China would send silver to London clearing when they have one in Singapore from memory? Sounds fishy to me.
 
they story is simple, margin call is avoided at all cost, so you need not call the client
the AI will do your job
so what now?
you only required 5-7% margin for gold and silver
on a single day, you can clean out all those with AI assist, no call, nothing
people beelive it, its a scam
the next day you can scam the same
then the END game, all the people woke up to this all at the same time
then avoided margin and just looking for the real things, they can't lose
the manipulatiors got nothing to gain any more.
the fomo left, they all stop looking at spot, they look for the price for physical
 
I'd reckon all those people lined up outside the Bullion Dealers shops, eager to get GOLD at $4300 + USD were Sweating Bullets yesterday :ROFLMAO:

Me ? I'm happy to see a good pull back from an overheating market 😁

So all those Buyers at $4300 + USD will be sad :( but the 1's that went in as seller will be happy :) & think they are brilliant for selling at the top of the Market.

But the won't think themselves so brilliant when the price of Gold goes back up & goes $5,000 + USD. They will then be cursing & saying " I wish I had just held onto that old jewelry that was just sitting there doing nothing anyway " :ROFLMAO:

We are living in Interesting Times :cool:
 
that's the ACT, the margin call is not done, auto closed on those people anyway.
the drop is orchastrated well, by pushing futures prices up, then crash them to clean up the balances.
when prices falls exactly the margin amounts.
the intentions are always criminal
but real metals are too much harder to manipulate.
that is where the battle are.
even the spot are harder to be kept down for long, two-four weeks later they will continue with the up trend again.
 
alor said:
that's the ACT, the margin call is not done, auto closed on those people anyway.
the drop is orchastrated well, by pushing futures prices up, then crash them to clean up the balances.
when prices falls exactly the margin amounts.
the intentions are always criminal
but real metals are too much harder to manipulate.
that is where the battle are.
even the spot are harder to be kept down for long, two-four weeks later they will continue with the up trend again.
Click to expand...
Most of what I'm reading/seeing is that all this price action in Gold/Silver is purely Futures Paper Contract driven :unsure:

I's not actual metals selling/buying/deliveries that are moving the price.

Just the usual Manipulation of the Markets bigger Player/Makers :devilish:

I'm just sitting back to watch as I brought most of my stack early 2020 😁

I have the Patience/Time to ride it out & wait for the return of the Bull Market :cool:
 
its better to put that margin into a bullion dealer's account and convert it to 7kg silver bars and pick them up ;)
take the bullion rather than let someone else wipe clean their account to $0.00 or even negative
 
You must log in or register to reply here.
Back
Top