If we're lucky (or unlucky depending on your view) we have 1-2 more days of buying Silver at these lows. Good Luck!!!
Chart of the day! nitter.gq/LukeGromen/status/2116…
I didn't think it was going to make it. Now I do. GSR gunning for a retest of the breakdown trend line at just over 81:1. Not much further to go.
I am out of cash but, I KNOW what's coming next for Silver. My conviction is so pure that I'll be purchasing $1,000 worth of physical silver on my credit card with near a 30% apr for every dollar it goes below $50. I just spend my first $1K. I doubt I'll get to spend another.
Sorry for all of my lines but, here's my point: This is a 45 yr cup & handle pattern with a breakout & retest complete. The largest technical pattern anyone here is likely to see ever again. And you think there are legitimate sellers down here at these lows???
Silver - Ugh. I'm tired boss. Seems like it wants my trend line going back to 1980 (the bottom one.) Just a few more pennies and it's there, $50.76. Let's watch.
Silver made a fresh new low in overnight trading bouncing off the recent low's trend line. Should be bought up quickly. Catch it if you can. LFG!!!
Silver came back down to its recent area of consolidation as the dollar wrecking ball went on a tear back up. The dollar appears to be topping out again here with RSI peaking along with Miners move yesterday, I think Silver should reverse up again here shortly. LFG!!!
Silver just made a new low in overnight trading. If you've got dry powder & you're not buying here, I can't help you. $53.85 is 1st resistance. I'm ready for this nightmare to be over. LFG!!!
Silver continued it's consolidation/bottoming in overnight trading. Just off the lows of the night now. 1st target is the 50MA at around $54.40. LFG!!!
This is the structure that $SCZM has created from March through October of this year on the hourly chart. A beautiful Inverse Head & Shoulders ready to explode higher IMO.
Well, I'm calling that a wrap. Not saying Silver won't come back down to this area after a bounce but, I don't think it will go lower.
This is just ugly. 1st support at $55.75 then $55.43 then the most recent bottom of $55.38 and if I know Silver, it will likely pierce the most recent bottom if it can. The Silver Bull bucks all riders.
Silver approached the down trend line yesterday but was rejected at the 210MA. Now back down at the consolidation area. Needs to break $58.35 and remain above a while before it can be let go again. Sell season ends soon. LFG!!!
Silver still consolidating below the down trend line its been following since 8/28 in overnight trading. $58.70 is the area we need to break above and remain there to confirm the next leg up has started. LFG!!!
Silver made a hard bounce at open last night then followed through with a continuous move up through the night until the last hour where it seems to be taking a breath. Resistance should be around the $59 mark today & the squeeze toward that line is on. LFG!!!


















