flower-shilling

Price Action

Smithys Bullion - FINE GOLD AND SILVER
Here's an interesting article that I never saw at the time it occurred :unsure:

If the $50 Billion in Assets seized by Putin since the start of the SMO is true, it seems Putin is ensuring he has the resources to continue the SMO indefinitely o_O

www.themoscowtimes.com

Russia Nationalizes Country’s Third-Largest Gold Producer - The Moscow Times

A court in the Chelyabinsk region on Friday ordered the nationalization of Yuzhuralzoloto, Russia’s third-largest gold producer, marking the government’s latest wartime seizure of major private assets.
www.themoscowtimes.com www.themoscowtimes.com

;)
 
Given MSM🤡 portrayal of the current pullback in both Gold/Silver, u would think that PM's are on their death bed & about to expire 🤣

My personal view is that this current PM's pullback was need to take some heat out of an overexcited/overextended speculative markets ;) ( from what I gather, most of the selling was/is paper positions. Anyone with a bit of common sense would just be sitting on there Physical PM's )

I would be a Buyer given this pullback but I just spent $32,000 on dental implants/denture, so I'm a little short of ready cash :cautious:

I will save & sit on my stack & wait for the next pullback down the track 😁

😎
 
This chart has been making me ponder over it for awhile now! Although stunning in its design, I do see some flaws in it that concern me, including a major pullback to the breakout gap-up! Also if that happens it forms a handle on the smaller short-term cup that can go below the uptrend channel that could last for years consolidation. I hope I am wrong Screenshot_20251023_155811_TradingView.jpg
 
Silver Soul said:
This chart has been making me ponder over it for awhile now! Although stunning in its design, I do see some flaws in it that concern me, including a major pullback to the breakout gap-up! Also if that happens it forms a handle on the smaller short-term cup that can go below the uptrend channel that could last for years consolidation. I hope I am wrong View attachment 15260
Click to expand...
Mmm, what chart is that ?
 
Just a wee chart I have been following for years. My concern is a handle on the smaller cup will form, and I am certain a pullback to the gap-up on silver's breakout will get filled . Let's see if I'm right?
 
Damn, both Silver/Gold have got a good kickoff to the start of the week 😁

Consolidation was looking fine, but maybe Silver/Gold have some insider info :unsure:

:cool:
 
It was futures prices that pull back, so that longs can be cleaned out of margin balance. Not sure if there are more balance left after those shorts got cleaned too. Will the new long taken to the laundromart again.
 
Whoo Hoo 😁

Off to a good start at the open of trading for the week :-

Gold is trading just above $4100 USD

Silver has hit $51 USD & is just a few cents below

:cool:
 
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