Midnight to 6am - Overnight Spot Watchers Spot...

Discussion in 'Silver' started by Turk, Mar 31, 2011.

  1. PMCollector

    PMCollector Well-Known Member

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    See how NFP numbers go, hopefully no smackdown, but wouldn't hold my breath. Decent resistance levels coming up around 1920, 1950, so will take time to digest latest move but rally still intact, just need to avoid taper talk.
     
    Last edited: Jun 1, 2021
  2. alor

    alor Well-Known Member Silver Stacker

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    food poisoning
     
  3. jultorsk

    jultorsk Well-Known Member Silver Stacker

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    Here we go again...

    Screen Shot 2021-06-01 at 4.11.55 pm.png Screen Shot 2021-06-01 at 4.12.22 pm.png
     
  4. Millennial Engineer

    Millennial Engineer Well-Known Member

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    Monday the 31st of May was Memorial day 2021 in the US.
    So their trading desks were not at work that day.
    Time where the price tanked on graph above was 9 to 10 am New York Time on the 1st of June 2021.
     
    66rounds and jultorsk like this.
  5. alor

    alor Well-Known Member Silver Stacker

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    in the old days we reformat the HDD
    now they can use the forget pills
    the prices just got lazzzyy, a cat hypnosis
     
  6. Oddjob

    Oddjob Well-Known Member Silver Stacker

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    Just watching the gold price run up USD10.00 in last 45 mins......now I await the US market to open in 15 mins and smash it back down. :(
     
  7. Silver Soul

    Silver Soul Well-Known Member Silver Stacker

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    Trade what you see.
    On a lighter note gold long-term chart is stunning for the uptic. Silvers equivalent chart is a no brainer
     
  8. Oddjob

    Oddjob Well-Known Member Silver Stacker

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    Agreed. Finally held above the lower highs trend line after breaking through in mid May.
     
  9. alor

    alor Well-Known Member Silver Stacker

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    may be our ONE last drop before August 2021
     
  10. Oddjob

    Oddjob Well-Known Member Silver Stacker

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    ^^^^^^^^
    Loved that sub USD1,800 dip earlier this year.
     
    adze67 likes this.
  11. heartastack

    heartastack Well-Known Member Silver Stacker

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    Yep and everyone has diamond hands again :cool:
     
  12. alor

    alor Well-Known Member Silver Stacker

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    looks like its going to break down again waiting....
     
  13. PMCollector

    PMCollector Well-Known Member

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    There it is, better than expected positive labour data...hopefully can hold 1860.
     
  14. alor

    alor Well-Known Member Silver Stacker

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  15. hardyakkagold

    hardyakkagold Well-Known Member Silver Stacker

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    The gold $1860 support level seems to be holding for now after a brief dip below that level earlier today, also the slide in the Aussie $ is limiting the
    collateral damage for stackers downunder.
     
    Last edited: Oct 18, 2023
  16. alor

    alor Well-Known Member Silver Stacker

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    looks like s will sold out, the moment before the big drop
    once you see the drop, and after... dang premium not leaving
    sold out/ price did not change
     
  17. alor

    alor Well-Known Member Silver Stacker

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    its been 2 weeks, 2 hours ago it drop
     
  18. hardyakkagold

    hardyakkagold Well-Known Member Silver Stacker

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    Still, it does not hurt to have some dry powder on hand to snap up any unexpected bargains should some pop-up in the future.;)
     
    Last edited: Oct 18, 2023
    jultorsk and 66rounds like this.
  19. PMCollector

    PMCollector Well-Known Member

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    The median AISC for majors is around US$923, so I wouldn't imagine many, sorry any profitable miners at $USD 800. Paper on the other hand, can goto zero if the derivative market markers want it to, wouldn't imagine anyone gonna sell physical for that price though.

    PS. I did wake up this morning after watching spot/FED talk, thinking .....m**f**ers...
     
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  20. PMCollector

    PMCollector Well-Known Member

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    It can wear you out yeh but its my livelihood so I gotta...
     

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