Silver

Greetings Siver fans,
got a few ideas.
First, on the day profile chart would like to see nothing lower than the last gap fill to 46.80 or 46.75 for a bounce
If they blow through that there are other gap fills below. they do not HAVE to fill just a general idea.
the week chart could see em all the way to 43.00
An other thing is looking at the first pop into 40.00 they sent it back to the drawing board to 36.75
Then 7 weeks to get established back into the 40s
How long did it trade in the 20's and 30's?
Things take time so patience is the key.
For scalping is always available.
Scalping is not investing or long term it is for the right now.
Also looked at HG that is decent for scalping at 12.50 a tick 20 ticks to a penny. so from like 5.00 to 5.01 is 250 bucks 1 contract.

silver bullet scalp,
Using 60 min chart had my eye on the red dash low and watching my channel line (green and white on the 5 min. chart) with 47.48 in mind. fail to take the 47.48 number and time of day 8:30 it seems time for pullback to go the other way, not forever, just a pull back impatience and front ran a bit and got stopped right out for a small loss ,re entered 47.85 the 8:30 bus was right on time and left the station in a hurry nice big down move, targeting the tan and red lines which is the evening opening and low 20 cent move and out. looking lower still but 2 trades and go home green , I used to get high on that thinking oh by lets do more but now days a good trade right off the bat ,take it ,keep the money and go home with a smile, tis rare to get all that. Take what Mrs. Market gives and have a good night sleep. Any way just posting. informational and entertainment purpose ,not trading advice.
Could me have done better? of course its rarely perfection.
looking back better would have been take profit at the tan line and re enter at the channel marker reject.
But am learning to hold longer. practicing patience.
Well make a good day

Silver futures 15min chart.
Confluences that support long entry on current prices: prior resistence to support, PoC higher (shift in value), absorption below PoC, price respecting VWAP of 47.8 breakout and close to daily VWAP.
Other factors: large buys and support of bids on higher prices, CVD dropping on consolidation (accumulation/absorption).

2nd image is a look into the (again) manipulated selloff, I think the behavior speaks for itself (forcing price to get filled lower)...

very nice duksi!

Well good golly Miss Molly 49!!
20 cents at a time.

Something's off here..
I see some profit taking and buyers getting trapped on tops.
Tokyo also took profits on Gold..

GO GO GOPHERS!!!
youtube.com/watch?v+dHHrl47oE30

jack be nimble Jack be quick.
Will Jack jump over this candlestick.
will see this is classic manipulation move.
Be care full.

It will be interesting to see if Silver holds $50 over the weekend.
I've been sitting on a sizable amount of physical for 15 years, adding monthly.

same hear man,
watching this bounce 48.50 took a small long for scalps with the futures.
got my ten cents worth on that run up.am willing to rick the nickel.

these guys are fun for us stackers

https://www.tfmetalsreport.com/

(Spot Silver price study)

I noticed specific market behavior around certain prices and found what seems to be a type of blueprint for the way the Silver moves on an intraday basis.
The market seems to react on an extension of round numbers by 10 cents (48 - 48.10, 49 - 49.10, etc.).
Then it sets key moments (support/resistence) at every 40 and 70 cents (48.40 - 48.70, 49.40 - 49.70, etc.)

What do y'all think about this?

good eye, agree there is a method to the madness for sure.
i like the 10's and while working through dimes it seem to stop a 7 and come back before going through.
I also watch 3 and 5.
like 48.10

Today, finally we have broken above 50, new ATH after 2011. And it has been rejected 2 times wildly at 51. There was a lot profit taking, I think.
Also, USD index rised a lot today which mihgt be contributed to fall in US session. I keep my medium/long term bullish view about Silver and these lows can be good to reload. I don't expect continuation of drops.

I took a long from 49.20. After some consolidation, we will move above 50 again imo. And, I expect to see 55 in following weeks.

just placed my ea on silver with minimum setting on h1, this is mainly just to help me tracking silver movement, even it is slow but collection is not bad

I could close my long today at almost daily top. It was my best win from silver at this week. Happy weekends!

Nice start for the week.
starting a new day job this week so trading the onvernite for now
Nice little rocket ride. Long 2 at48.28 took 1 off at 48.38 closed second out at 48.58
Yes you can always go for more but that's what stacking is for.
scalping is for now.

3,s and 8,s
topped roughly 53 pulls back to 48
50 in the middle.
happens on all time frames from micro to macro.
not exact science but something to see.

The "something to see" would be "price study" per my understanding. Remember when I posted the intraday study (50, 50.1, 50.4, 50.7, 51, etc.), now this seems to be the model for weekly and monthly extent. We have main key prices that range by $5 (40, 45, 50, 55, etc.), then we have the middle price and finally $1 above and below a main key price, so a $2 range around that price (49 - 50 - 51); that's your supply/demand zones. Between say 51 and 54, that seems to be the consolidation range where big decisions are made.
Right now, for example, we are in the 49 - 50 range which is still active demand, since it's not broken yet; 50 is, of course, the price for taking control.

Thanks! for that.
Numbers just fascinate me.

There are rumors of Silver retesting 43
Because of Bullish continuation of Dollar
and overbought conditions maybe..