flower-shilling

Silver Price Watch

Smithys Bullion - FINE GOLD AND SILVER
Kinda suprised there isnt more up for sale. Maybe there are some new buyers though i guess its a small community
 
I see a push above $35 by the weekly close, then a pull back to $33-$34 next week, or at the beginning of November, before we set off towards $40.

But November is US elections month and the markets could become very volatile.
 
shinymetal said:
View attachment 13248The weekly chart looks great, bounced off support before it hit it. It's primed up and ready to go!
Not that I'm an expert, I'm just some guy.
Click to expand...

Thats the daily chart. I was surprised the weekly candle did this. I was pretty confident it would eventually turn into a nice healthy green one. We essentially just moved sideways from last week's close

Screenshot_2024-10-26-11-39-32-17_a068875e8d70110f8d1ec48729c67374.jpg
 
No one dare to put more money in US treasuries, how to get the trillion every 90 days, so interest got to go up up and up. There is no fund left to suppress the silver contracts. They must closed all their positions and all those inventory will be delivered. Empty warehouse will be closed down, later the markets will conclude too. BRICS don*t need paper contracts in the exchanges.
 
Its their world now. They own the law (there is no law, just esoteric cronies) and they can do whatever they want.
 
Not alot holding it down on the monthly now. It's in an unusual zone that brings excitement and caution as it moves this way for me.
Screenshot_20241029-211128_TradingView.jpg
Those MMAs do look very good for a breakout as they are very tight in the uptrend. If one looks carefully a tight cup and handle has formed over the past 4 years
 
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