eems like everything got hit - silver, miners and the wider market. I’ve seen a lot of talk about tomorrow’s US CPI data and now the Bank of Japan potentially raising rates again.
Some people are saying the miners are now at extreme bearish sentiment levels and could be a contrarian buy, while others think higher rates and inflation fears could push things lower.
Interested to hear what everyone thinks. Is this just a shakeout before the next move up, or are we looking at more downside? I’m trying to work out whether today’s move was mostly CPI nerves, the Japan news, or something bigger.
rohitttz
5 hours ago
What a snipe
Reich
7 hours ago
Rate cuts still on the table?
What if warsh surprised us all wouldnt that be amazing?
Thetrader18
7 hours ago
Good sign
It falls less deep than then the other drops before, it’s losing momentum, high chance that it won’t go a lot more down then 63-61.
Tbc
Nathan54321
7 hours ago
So tech recovers a few percent
Whilst metals don’t, does this suggest metals will keep dropping?
07williamscl
7 hours ago
Over sold?
This is only an opinion nfa. But rsi dropped really low (14.9) showing its oversold. Its bounced up again now. So possibly looking at relief rally back up to 67 area. Silver is still in a supply deficit and in March it was even lower than it is now. Personally for me 60 is the floor (if it gets that low) institutions will be buying around these levels. All the banks and big players are still predicting 80+ for this year as well. Still expect it to bounce up and down though until all the nonsense from this week has blown over. Silver over all is still bullish
Proceed with caution guys. Do your own research. Dont rely on trading 212 forums as it will just confuse you and make you get caught up trading with emotion and panic. If you are relying on the forums for info always double check what youve read before acting
BeginnerX
8 hours ago
😩
Will it go down further? Margin call😣i hate this..
jfa06
8 hours ago
Thoughts, opinions and speculations
Trump recently said that markets would be taken to new booming highs. Is it far fetched to consider the possibility that everything is down as a hot CPI has been priced in but orange man might ‘help’ the numbers a bit when they come out to create a massive reversal on everything?
Even the craziest speculations are welcome on this one. Go wild.
Winwinorlose
8 hours ago
I need 76...
... to sleep well again! 😅🙈
...What are your numbers? Let me know!
Nathan54321
8 hours ago
Ah it’s one of those days where the evening after us market closes
Will most likely be the lowest lows of today.
TheWedge
9 hours ago
Current situation
TheWedge
9 hours ago
Question
Why is the rest of the market getting hammered at the moment?
GOLD2010
9 hours ago
Silver Signals
JGRAY98
9 hours ago
😶
StrattonHathaway
10 hours ago
😂
MrKay
10 hours ago
Nobody is coming to save you!
fahim121
10 hours ago
CPI and PPI ? IPO
very much, just have change to increase
That is very unlikely bad for the whole market
not only for silver
Big investors waiting till
tomorrow for CPI
day after tomorrow for PPI
12th for IPO
18th for FOMC and FOMC Press Conference
Still war is pending
unlikely fear of many investor that’s why holding all market
Morato
10 hours ago
I'm done
I don't even know why I started CFD's in the first place but I'm done getting !@#$ over, I closed my position before this big dip and just put all of it in physical silver. Good riddance
Thetrader18
11 hours ago
Never bad to wait for structure
This is the reason why, we will maybe not get the perfect entry for a long. But it will be as safe as possible.
:)
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