Gold & Silver in a LT rally

[dmedin]

Here's an interesting chart. Very large spike in volume.

 

[dmedin]

Come on now canny loon 🤓

 

[dmedin]

Art thou gearing up for another thrust higher, Samwise Gamgee? 😘

 

[dmedin]

Come on now canny loon 🐮

 

[dmedin]

EEK 🤯

 

[dmedin]

Short silver/gold in the short-term

 

[dmedin]

I saw it coming before it happened - honest! 🤪

 

[dmedin]

Big retracement in gold coming?

 

[dmedin]

Collapse in gold and silver continues.  A short looks tempting.

 

[dmedin]

Gird thy loins, Jeremy 🤠

[dmedin]

Ooh I want one of these, it's absolutely gorgeous 🤑

https://www.royalmint.com/invest/bullion/bullion-bars/gold-bars/rmgm500g--500g-gold-bar-cast-c772e858/

[dmedin]

We will be back above $2000 an ounce soon.

[dmedin]

Long U.S. dollar, short indices, short oil, long gas, and short gold 😮

 

[dmedin]

On 16/09/2020 at 07:54, dmedin said:

We will be back above $2000 an ounce soon.

You retard 🤣

[dmedin]

I dunno man, it looks like silver is likely to keep selling off for a time.

 

[dmedin]

Gold is looking spry my sweet 😘

 

[dmedin]

Gold and silver have made a breakthrough

 

[dmedin]

Do you like my triangle, Barbara? 😘

 

[dmedin]

Do you reckon it will break down below 1850, Eileen?

 

[BiGs]

I wouldn't short gold in these times. I think most would agree the long term trend is bullish. I can't see silver dropping back down to sub $20 and that is the next resistance levels if newer recent lows are continued. I got into a small long position in silver last Monday, have moved my stop to cost neutral and it's 200 points or so in the green now. That said I wouldn't be surprised if it tests that $22 price point again. Would reflect the same for Gold but I tend to trade silver as it always has more volatility to mess with.

[dmedin]

It may yet be canny, Eileen 😘

 

[dmedin]

I suspect that gold is going to do a poo, Eileen

 

[dmedin]

On 06/10/2020 at 11:16, BiGs said:

I wouldn't short gold in these times. I think most would agree the long term trend is bullish. I can't see silver dropping back down to sub $20 and that is the next resistance levels if newer recent lows are continued. I got into a small long position in silver last Monday, have moved my stop to cost neutral and it's 200 points or so in the green now. That said I wouldn't be surprised if it tests that $22 price point again. Would reflect the same for Gold but I tend to trade silver as it always has more volatility to mess with.

 

True.

[dmedin]

It's either the beginning of an up move (higher low to be confirmed with a higher high) or it's heading to $21.65 or lower.  Not tempted to trade it either direction at the moment myself.

 

Edited October 8, 2020 by dmedin

[phillo]

On ‎12‎/‎08‎/‎2020 at 09:28, elle said:

chart updates

[dmedin]

It's looking canny, Eileen! 😺

 

[dmedin]

Silver too for good measure my sweet 😘

[THT]

Very close to T1

 

[dmedin]

You're crazy 🤪

[THT]