Gotta say...liking that silver finally ACTING bullish....now see about 25
we either have a wave 1 of a new bull market or more backing and filling
#4621
Posted 28 March 2024 - 11:41 AM
The strength of Government lies in the people's ignorance, and the Government knows this, and will therefore always oppose true enlightenment. - Leo Tolstoy
#4622
Posted 28 March 2024 - 11:47 AM
Gonna go short GDX at close.
#4623
Posted 28 March 2024 - 11:48 AM
Last time Silver was at 25, G/S was around 86....
Where is Silver gonna be if G/S actually breaks below 89 and starts to collapse.
First things first though....gotta clear 25 and G/S has to complete the turn
The strength of Government lies in the people's ignorance, and the Government knows this, and will therefore always oppose true enlightenment. - Leo Tolstoy
#4624
Posted 28 March 2024 - 11:49 AM
Gonna go short GDX at close.
Could work for a scalp...likely not gonna see back below 30 for a very long time though
32 is where next battle most likely occurs
The strength of Government lies in the people's ignorance, and the Government knows this, and will therefore always oppose true enlightenment. - Leo Tolstoy
#4625
Posted 28 March 2024 - 01:01 PM
Gonna go short GDX at close.
Could work for a scalp...likely not gonna see back below 30 for a very long time though
32 is where next battle most likely occurs
shorting metals/miners here is IMO a bad idea FWIW
Senor
#4626
Posted 28 March 2024 - 01:04 PM
Copper 4.03 looks like the equivalent of 2088 on Rusty yesterday....Tick tick tick
The strength of Government lies in the people's ignorance, and the Government knows this, and will therefore always oppose true enlightenment. - Leo Tolstoy
#4627
Posted 28 March 2024 - 01:08 PM
Sector by sector....things holding at key levels and starting to join in...REIT may be next
The strength of Government lies in the people's ignorance, and the Government knows this, and will therefore always oppose true enlightenment. - Leo Tolstoy
#4628
Posted 28 March 2024 - 01:11 PM
lots of silver miner charts near BO on 2 year plus bases. when it happens it will be sweet. when
Edited by dougie, 28 March 2024 - 01:11 PM.
#4629
Posted 28 March 2024 - 01:14 PM
Silver....so close to leaving the congestion zone, and entering the vacuum space where it would be free to run...
The strength of Government lies in the people's ignorance, and the Government knows this, and will therefore always oppose true enlightenment. - Leo Tolstoy
#4630
Posted 28 March 2024 - 01:16 PM
A LOT of work done at 24.50 over the last few years...so if this last bit of work indeed turns out to finally be THE HOLD, no way I would wanna be short here
The strength of Government lies in the people's ignorance, and the Government knows this, and will therefore always oppose true enlightenment. - Leo Tolstoy