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Silver-King replied Aug 5, 2024What is your analysis telling you Catempire? The more analysis we share here between us, the more to the point we should all be.
Gold
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Silver-King replied Aug 5, 2024Have bought Silver at around 26.65$ thinking it probably shouldn't hold, but for now it's looking decent. Added more around 27$ now... not extremely convinced we have seen the bottom. Gold is the reason why I'm sceptical... it still didn't reach ...
Gold
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Silver-King replied Aug 5, 20242Y/10Y Yield Curve just turned positive a few moments ago. Recession confirmed, however it's not like it wasn't expected.
Gold
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Silver-King replied Aug 5, 2024At one point everything will turn around from Oil to PMs to Crypto. We are really looking at some of the most volatile period at the moment and anything, literally anything is possible.
Gold
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Silver-King replied Aug 5, 2024Well... given how quickly everything fell down in the last couple of days and potential for a all-out war in the Middle East I'd say someone is rushing to push the price of everything down as quickly as they can while they still have the time and ...
Gold
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Silver-King replied Aug 5, 2024How about 2220$?
2330$ shouldn't be a problem I believe. WS just opened, so we'll see... this retracement now is expected, but we'll see soon what their game plan really is.Gold
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Silver-King replied Aug 5, 2024It seems that the critical price for Gold should be around 2330$ at the moment.
Gold
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Silver-King replied Aug 5, 202426.65$ is old target I mentioned in my first post, so perhaps the price is reacting to it at the moment, but it shouldn't hold.
Gold
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Silver-King replied Aug 5, 2024Targets look good. M Pattern seems like where the middle is probably going to be taken out (2350$) in my opinion, could be wrong though. Go check my post about USD/JPY to see how wrong I was hahaha.
Good luck to us all!Gold
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Silver-King replied Aug 5, 2024Gold should be waited for at least around 2320$ for the potential bottom and not a $ earlier in my opinion. Silver seems to be going to 24.5$. Almost 200$ on Gold and 8$ drop on Silver will eliminate any PM enthusiast.
Gold
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Silver-King replied Aug 5, 2024Come on Silver... 26.7$ getting extremely close. Gold is surprising me a little bit... it has to drop 100$ more, but is stalling at the moment.
Gold
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Silver-King replied Aug 5, 2024Since I think that Silver shouldn't really be going that much lower than 25$ it is my opinion that Gold as things stand now shouldn't be going below 2320 - 2315$ either.
Gold
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Silver-King replied Aug 5, 2024So far so good. We should be seeing 26.5$ relatively soon it seems. Decent 1$ drop from the today's high at 28.6$.
Gold
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Silver-King replied Aug 5, 2024Potential price for the Silver as of now is at 26.7$ and 26.2$. If it drops lower, then the next price is around 25$. Each of these prices should find decent Support and maybe enough Support to defend the level and potentially mark the low. Fed's ...
Gold
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Silver-King replied Aug 5, 2024I've never made a mistake this big in my whole trading career. I'll stick with PMs from now on... lost heavily on this trade. 145 only produced minor retracement and was obviously not the low. Good luck folks! I will stick around on Gold thread from ...
USD/JPY Discussion