NFTRH+; Silver Hit the Long-standing Target Today, But…
Silver finally hit the SMA 200 today and closed back above lateral support (daily chart). That's great. But if the precious metals complex is going to correct deeper then this…
Silver finally hit the SMA 200 today and closed back above lateral support (daily chart). That's great. But if the precious metals complex is going to correct deeper then this…
The media is hyping this Fed meeting as one that may include a bit less dovish tone at Powell's press conference after the the FOMC releases its latest inaction tomorrow.…
Let's take a snapshot of where the precious metals complex stands this morning. Gold probed the upper 1600s and support before the bounce (which continues this morning). Is this the…
The gold and silver CoT data improved nicely this week And this was on Tuesday, before the metals got the majority of this week's bearish price activity. All in all,…
Gold lost the upper support zone. No surprise there. Now comes the lower end but also please consider the channel bottom well down in the 1600s. Silver is trying to…
Still no notable movement in the Gold and Silver CoT The Commitments of Traders for gold show large Specs net selling and shorting, and Commercials reducing net shorts (still heavily…
Here is an excerpt from the January 31 edition of Notes From the Rabbit Hole, NFTRH 640; a segment I probably spent too much time on, given the spectacular nothingburger the…
Well, per the Trade Log I added SVM (to current holdings HL, SILV & MAG) today on the hard pullback, post-hype. Given silver's intact status and leadership to gold, as…
Silver thus far holds the key support area of 26 to 27.50. The moving averages are up-trending nicely and so the picture is still bullish. Gold is on the outs…
Sentiment is being addressed in decisive fashion in silver/SLV For the record, I tested the play in spite of my gut telling me these clowns were leading lemmings to the…
Silver ended up pounding through the trend line, which is less important than the 26-27.50 long-term support area and the up-sloping SMA 50. While the silver squeeze promotion was hammered,…
Why not #SqueezUncleBuck? Consider this post for entertainment purposes only (but not really). In the "short squeeze era" as this silver promotion put it (among a litany of other well…
The monthly chart of the silver price shows a break through the long-term resistance zone and a tick to an 8 year high. Suspect underpinning though it may seemingly* have…
As to the post's title, they sure are trying. Despite doubts that the stodgy old likes of me may have. But for two days at least dem bugz is successfully…