Silver is currently testing another major support. If this breaks, the next one is at the 62.5-63 area (difficult to say where exactly). Then what looks like a stronger support at 62 after that.
If it drops fast, I'll be watching those areas for a potential bounce-style retracement.
Winwinorlose
πριν από 5 ώρες
Silver ...
...is much to cheap!! 😅😅🙈🙈
ScottishBuffett
πριν από 7 ώρες
….
Nathan54321
πριν από 8 ώρες
The market can squeeze people and keep going down
Longer than you can stay solvent, you think it can’t get worse, but who remembers the -8% days
Nathan54321
πριν από 10 ώρες
Well war is likely to least two more months according to Trump
FED have just upped their chances of a hike on Wednesday. Good long to all you longs this week 🫡
Will get downvoted as per, because most people are long here.
Winwinorlose
πριν από 11 ώρες
Potential upside...
MikeP7
πριν από 12 ώρες
Potential downside
Potential head and shoulders pattern forming on the daily, which, if it plays out, could signal a move back in to 50s. Don't forget, overall, we are still in a downtrend
MonsterMind
χθες
Whoaaa
That was one hell of a rug pull! I'm not gonna lie, I had shorted a bit early into that one and was getting nervous. I got lucky with the massive rebound, but this must have caught out a lot of traders.
For those wondering what happened - the US dollar was testing a big fat support. If it had broken metals would have gone flying. The market was buying into metals to pre-empt that possibility.
However, instead of breaking, the dollar rebounded which caused this huge downswing.
Kranthi
χθες
Wait, what???
Nathan54321
χθες
Another liquidity sweep happening
I did call it, as it’s been happening the past few days, without a clear direction, war still going on, cpi hasn’t been released or fed. It can’t sustain going up yet.
Shreyvish
χθες
Need patience
I can make good money but I have no patience
ElementalB
χθες
Good. About time
ScottishBuffett
χθες
Early spike
Is this on buyback news? Feel like I’m missing something.
MonsterMind
χθες
CPI Data
I posted yesterday that CPI data is being released Thursday, but it's actually Friday at 1:30pm BST (8:30am in the US).
Just thought I'd amend that mistake in case anyone hadn't checked directly.
Anyone else enjoying this choppy sideways movement? The hesitancy of the market means it's highly respecting supports and resistances, which make for easy trading.
Right now the market is waiting on *CPI data* to be released on Thursday. This will decide the short-term movement until the Fed meeting next week (assuming there are no surprises in the news - you never can tell). Bouncing between the 65-67 area is likely until Thursday, potentially a little lower if the market gets pessimistic.
The *Fed meeting is 15th-16th September*, during which time our mid-term direction is decided. If rate hikes are made (or even appear possible), metals will likely plunge. Otherwise, we have a good chance of going up.
I say "likely" for all this because no one can predict with certainty. Anyone who does is telling you they haven't had enough experience in the market.
GreenDays
προχθές
Silver Vs Copper Vs Gold
With the boom in Tech & EV cars etc what is everyone’s thoughts on which precious metals to own over the next 10 years?
Copper and silver are predicted to experience stronger structural demand growth than gold by 2030, driven heavily by the global energy transition, electric vehicles (EVs), and artificial intelligence infrastructure.
Nathan54321
πριν από 3 ημέρες
Back to red after a 1% Asian Gain
Back to bearish times as stock market is extremely hesitant this week due to the multiple events that impact inflation. Bonds, Housing, CPI and finally FED.
BigPman
πριν από 6 ημέρες
Woops I forgot
Guess I’m holding over the weekend lol
R3ds
πριν από 6 ημέρες
Ouch
Hope everyone's feeling okay & not over leveraged on longs
Don't be surprised to see this come back down and retest that 65 - a possible relief followed by leg down is on the card given the structure but anything could happen
I'm sitting on the side - cash ready - long what I believe will be another leg down.
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Ποια είναι η τιμή της μετοχής Silver?
Η τρέχουσα τιμή του Silver είναι 63,65 $.
Ποια είναι η υψηλότερη τιμή 52 εβδομάδων του Silver;
Το υψηλό 52 εβδομάδων για το Silver είναι 121,6 $.
Ποια είναι η χαμηλότερη τιμή 52 εβδομάδων του Silver;
Το χαμηλό 52 εβδομάδων για το Silver είναι 40,87 $.
Ποια είναι η εβδομαδιαία απόδοση του Silver;
Την τελευταία εβδομάδα, η τιμή του Silver έχει αλλάξει κατά -5%.
Ποια είναι η μηνιαία απόδοση του Silver;
Τον τελευταίο μήνα, η τιμή του Silver έχει αλλάξει κατά -0,2%.
Ποια είναι η απόδοση 3 μηνών του Silver;
Τους τελευταίους τρεις μήνες, η τιμή του Silver έχει αλλάξει κατά -1,94%.
Ποια είναι η απόδοση 6 μηνών του Silver;
Τους τελευταίους έξι μήνες, η τιμή του Silver έχει αλλάξει κατά -27,17%.
Ποια είναι η ετήσια απόδοση του Silver;
Τον τελευταίο χρόνο, η τιμή του/της Silver έχει αλλάξει κατά 55,6%.