Silver Price Watch

[STKR]

It's so weird. Every little attempt to rise is matched equally and just results in the market moving sideways.

 

[dollars]

Yes TPTB keep shaking the tree.

Volatility sure making it uncomfortable for the general stacker community . No doubt some traders in derivatives markets are using advanced strategies to position themselves to profit handsomely whichever way the price moves.

 

[Silver Soul]

View attachment 13055

It's so weird. Every little attempt to rise is matched equally and just results in the market moving sideways.

As I have said in the past, that 32 will be a hard nut to crack. Oneday

 

[alor]

HK was holiday on Tuesday, China holiday for 6 days
HKex was up 1k pts, rest of the world down a bit

 

[Silver Soul]

Here we are at the 32 on a Friday! Will we see a massive smackdown That pos is so famous for by the wallstreet whores?

 

[STKR]

If they want us to dance, then we dance. But all I sense is a lot of desperation from our WS Ho's...

 

[STKR]

Impressive

 

[Silver Soul]

^^^ come on you have been in the market long enough to know that this would happen. Blatant manipulation from the whores of wallstreet

 

[STKR]

^^^ come on you have been in the market long enough to know that this would happen. Blatant manipulation from the whores of wallstreet

I just like how quick it can move in such a short time. I try to imagine the level of intervention required to get it done.

 

[Silver Soul]

Fat fingers is all you need.

 

[STKR]

Fat fingers is all you need.

 

[Silver Soul]

Now, that Friday night was an interesting outcome! It has put an unexpected curve in a common straight mould.

 

[Sandy Gooch]

Unique.

 

[STKR]

It just looks like there's two forces battling with each other. I'd love to see the COT reports

 

[Silver Soul]

Yes it was bizarre.

 

[STKR]

Yes it was bizarre.

108,000 commercial shorts last week.

That's over half a billion Oz's

Non-commercial is heavily bullish, and Commercials make up the bulk of the Shorts. No surprises here but they're in overdrive.

 

[STKR]

Ok. One of the more interesting times in Silver's history. Only a few dollars away from it's ATH in AUD. I think we're going to push down into the low 31's (around $31.30) and then finally breakout into $33 this week...and maybe reach $34-$35 this month.

Open interest in silver will be strong and the commercials are going to have to double down to stop any play here. If they go net Long to cover themselves, then we could see parabolic moves and go FULL MiNERD

 

[Silver Soul]

^^^ That's an interesting analysis, and summary you have made for the POS! Is it a gut feeling? Or a off the chart analysis that you are seeing?

 

[STKR]

^^^ That's an interesting analysis, and summary you have made for the POS! Is it a gut feeling? Or a off the chart analysis that you are seeing?

Chart analysis. I'll share my thinking with you:

This is where I saw the $31.30 dip happening. It's about where we are now. I expect there to be one more green candle before a correction.



And the monthly charts looks like it's about to take off.

 

[Silver Soul]

Interesting. The crossover had me at 31.35 once the cascade had entered the cloud.