$13 silver might be possible

Discussion in 'Silver' started by leon1998, Feb 14, 2015.

  1. mongrelmaple

    mongrelmaple Well-Known Member Silver Stacker

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    Can you put up some charts/technical analysis to support your theories? I’m not saying they’re right or wrong, I just want to see what you’re seeing and the evidence you’re using to make those calls.
     
  2. Tokyo

    Tokyo Active Member

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    My zone is very technical and had it for long time. Fibonacci and Elliott combined.
    I already explained and you know price going do it’s thing no matter what, idea is having right level and plans.
    End of day I don’t have crystal ball and only important thing is trade with market makers and possible out come
     
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  3. Krakked789

    Krakked789 Well-Known Member

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    And you know something?
     
  4. Tokyo

    Tokyo Active Member

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    Lol yes
    in you head maybe not because you technically don’t understand
     
  5. Tokyo

    Tokyo Active Member

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    Price action right at my 16.70 silver and 1445-1450 gold . You should see what’s going on before you speak, lack of knowledge only sound like broken record . Lol
     
  6. sgbuyer

    sgbuyer Well-Known Member Silver Stacker

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    Do you mean if it’s wave 3 then it will rise and drop if it is wave 4?
     
  7. Tokyo

    Tokyo Active Member

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    Technically Yes look up Elliott wave . also use forex Dxy ( usd index) euro/usd usd/jpy to keep track of dollar .
     
  8. sgbuyer

    sgbuyer Well-Known Member Silver Stacker

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    I've been comparing the prices of 10 oz bars sold on the forum and noticed a strange trend that doesn't reflect the underlying spot. Before Jan 2019, there were not many people selling 10 oz bars, and for the few, they were listed at around $230 or higher. But around March, there were 10 oz bars sold for like $210 each. This last till around April or so. Prices or rather premium started to return to the normal $230-$240 in May onwards.
     
  9. Tokyo

    Tokyo Active Member

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    Only US dollar strength in past year and silver priced in dollar or simply are currency has less purchasing power. Think out side of box to see everything
     
  10. Tokyo

    Tokyo Active Member

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    If your currency weakened against silver for X cent amount per oz X 10 = ??
    Sounds normal to me.
    Most important to understand what is your currency going to do next, buying silver when your currency is at weakest point is not a good idea to get out of your currency = spend
    I hold Canada dollar so when I want to shop in US dollar or silver gold asset I simply wait for my currency to strengthen. ( Real technically chart guy should able see from FX chart)


    I hope this clarified
     
  11. JohnnyBravo300

    JohnnyBravo300 Well-Known Member Silver Stacker

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    I was ordering a sluice box from Angus Mackirk in Canada and when he quoted me the price I about shat myself.
    Then he said oh sorry, that was Canadian dollars haha.
     
  12. alor

    alor Well-Known Member Silver Stacker

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    they can be selling for 210-250, but until the bars appeared only, then it is worth buying otherwise better to get them from the LCS
    stackers would sell when prices hit high, got stackers bar for 250 :) $5 saving each, locally the circulated scottsdale going for $280
    on forum mostly individual selling, they got snap up fast, when silver price shoot up, most things got taken again
     
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  13. Krakked789

    Krakked789 Well-Known Member

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    OK, whatever.
     
  14. Tokyo

    Tokyo Active Member

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    Eyes on silver ratio corrected by 9.
    Price chilling above weekly 200 day ... possible for very strong move coming ( squeeze) to $18 . Holding all my silver & silver miner unless pattern changes.

    Who got out too early on silver or buying gold when silver has more potential when ratios was 96-1

    Trade with plans and think logical
     
  15. sgbuyer

    sgbuyer Well-Known Member Silver Stacker

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    Do you mean after the Fed meeting? Silver has been standing almost still for the past couple of days.

    By the way, I also read about this silver golden cross and speculation that it will fall big after the last spike. What do you think?
     
    Last edited: Jul 30, 2019
  16. openeyes

    openeyes Well-Known Member Silver Stacker

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    It is not breaking trend even though it has not changed in price.
     
  17. Tokyo

    Tokyo Active Member

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    Intraday swing doesn’t really matter it can trigger after or before. Price action & regains resistance is all matter (16.70) technically
     
  18. Tokyo

    Tokyo Active Member

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    I only use mathematical levels & pivot provided by market makers using alternate tool of Fibonacci. I also use all classic analysis. EMA/RSI/Moving average/gap and volume/ COT reading but that is just a signal ( doesn’t give you specific supply & demand zone)
     
  19. Tokyo

    Tokyo Active Member

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    Most guys only able to point out intraday and 1-4 hour resistance&support . Main focus is daily weekly and monthly major zone .
    Cheers
     
  20. Tokyo

    Tokyo Active Member

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    .
     
    Last edited: Jul 30, 2019

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