6107 replies to this topic

[K Wave]

So far...GDX not following through toward 36...but still holding the key 34

 

But should PL fail, and 34 NOT continue to hold.....

 

[K Wave]

well...at least now pretty surely know where the Big Pivot to commit Big Dollars to Silver is now...

 

Silver bulls need to probably hold the hourly test, and THEN take that pivot out to win

 

If they do not, then we maybe just saw the greatest of the fakeouts yet on Silver...

 

Edited by K Wave, 26 April 2024 - 10:32 AM.

[K Wave]

IF...things somehow reverse and PA was able to leave a long tailed spike and close the back above the 72, that might be a positive.

 

but even further damage.....not so bueno

 

[senorBS]

looking like 27.55 may be the pivot on Silver now...

 

potential danger as long as below and PA and PL acting like total garbage

Hmmm, I personally don't think Plat or Pal matter much, if at al,l to Gold/silver outlook. Look at what gold/silver have done in past weeks and months and how awful Plat and Pal have been, enough said

 

Senor

[linrom1]

Gold hitting ceiling here, not many buyers at these levels except Chinese and Costco retail buyers.

[K Wave]

 

looking like 27.55 may be the pivot on Silver now...

 

potential danger as long as below and PA and PL acting like total garbage

Hmmm, I personally don't think Plat or Pal matter much, if at al,l to Gold/silver outlook. Look at what gold/silver have done in past weeks and months and how awful Plat and Pal have been, enough said

 

Senor

 

Uhhh

 

 

Silver is Down since PL got rejected on the 12th...look it up

[K Wave]

IF PL holds near here...not an issue..

 

But what if PL crashes on a break of 908

 

I personally do not think Silver will soar to the moon in that scenario

[K Wave]

In any event, until G/S Big PIvot is taken by Silver bulls...plenty happy to remain in trading mode

 

We got so darn close last night...but bulls threw a pass instead giving it to Marshawn at the goal line

[K Wave]

GDX still holding pretty well...and IF PL can make this turn and soar back above 920, bulls could be back at it fairly soon...

 

But cannot rule out the opposite just yet...

 

 

 

[senorBS]

 

 

looking like 27.55 may be the pivot on Silver now...

 

potential danger as long as below and PA and PL acting like total garbage

Hmmm, I personally don't think Plat or Pal matter much, if at al,l to Gold/silver outlook. Look at what gold/silver have done in past weeks and months and how awful Plat and Pal have been, enough said

 

Senor

 

Uhhh

 

 

Silver is Down since PL got rejected on the 12th...look it up

 

I am not talking "micro time frames", I am talking months and years, look at how horribly Plat and Pal have done as gold has moved significant to new all time highs, Plat is trading near 4 yr lows and Pal is at 6 yr lows over 2/3 below its all-time high near 3000! No "important" correlation there. Yeah once in a while they move together like almost anything, but there major trends are totally different

 

Senor