Silver Charting and Silver TA Chat

Discussion in 'Silver' started by Azure, Jun 24, 2012.

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  1. SS

    SS New Member

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    Nope...my poor brain has not yet figured this on out.
    How does GSR determine the general direction of the metals?
     
    SS, Dec 21, 2012
    #421
  2. thatguy

    thatguy Active Member

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    In a PM bull market silver rushes ahead charging down the guns like polish cavalry of ww2. In a bear market silver gallops over the cliff like a crazy rabid horse
     
    thatguy, Dec 21, 2012
    #422
  3. SS

    SS New Member

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    LOL...gotcha. Thank you again.:)
     
    SS, Dec 22, 2012
    #423
  4. thatguy

    thatguy Active Member

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    :) sure am
    [​IMG]
    A brief spike under should not be unexpected but a low ~28.90ish is where I am aiming
     
    thatguy, Dec 30, 2012
    #424
  5. smeagol

    smeagol New Member

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    lol whats up with the flat line on both silver and gold??
     
    smeagol, Jan 1, 2013
    #425
  6. gbickle

    gbickle Member

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    New Years Days bloke... no trading
     
    gbickle, Jan 1, 2013
    #426
  7. thatguy

    thatguy Active Member

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    Nearing 2% up day, consider taking a little profit IMHO
     
    thatguy, Jan 2, 2013
    #427
  8. wrcmad

    wrcmad Well-Known Member Silver Stacker

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    Oh dear - looks like mid $28's could be on the cards.

    [​IMG]
     
    wrcmad, Jan 4, 2013
    #428
  9. RetardedMonkey

    RetardedMonkey Active Member Silver Stacker

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    Looks like I will wait before buying more then :)
     
    RetardedMonkey, Jan 4, 2013
    #429
  10. upandaway

    upandaway Member

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    RM,

    Not liking the way it is coming down for a bounce at $28ish. I had that pencilled in for a trade a little lower than That Guy's level, but now I think we will see a test of the $26 ish floor. Thought we'd get down here again but a bit shocked it's quite this fast. Depends on US which isn't open yet. But if it crashes down into it, personally I think it will go lower in the coming days.

    Feeling like a genius at the moment. Sold 1350 ounces within pennies of the top on the cliff surge so I need to check myself and go back to patience mode :)
     
    upandaway, Jan 4, 2013
    #430
  11. RetardedMonkey

    RetardedMonkey Active Member Silver Stacker

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    Thank you ^_^

    I always seem to have a tendency to wait for weekend closes before buying anyway. So might leave it another week if US market doesn't do much to price.
     
    RetardedMonkey, Jan 4, 2013
    #431
  12. Ronnie 666

    Ronnie 666 Well-Known Member Silver Stacker

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    I don't agree that it will fall much further. I remember a few weeks ago one analyst mention that if PM fell suddenly for no reason in early 2013 (which he expected) he would not expect it to last long. I am seeing inventory dry up. This take down had no legs only rumours. Do you think for 1 second they will stop QE to infinity in 2014. Total BS. They cannot cut 1$ in spending never mind 1.5T$ / year.
     
    Ronnie 666, Jan 4, 2013
    #432
  13. wrcmad

    wrcmad Well-Known Member Silver Stacker

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    Just curious.... what inventory are you seeing dry up?
     
    wrcmad, Jan 4, 2013
    #433
  14. Ronnie 666

    Ronnie 666 Well-Known Member Silver Stacker

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    Look at the all the local dealers on line and quite a few products are no longer available.
     
    Ronnie 666, Jan 4, 2013
    #434
  15. Ronnie 666

    Ronnie 666 Well-Known Member Silver Stacker

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    Ronnie 666, Jan 4, 2013
    #435
  16. volrathy

    volrathy Active Member

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    volrathy, Jan 4, 2013
    #436
  17. SS

    SS New Member

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    If the metals are drying up, then I am going ahead and say that this will the bottom. Fingers cross. I know...not very techincal
     
    SS, Jan 4, 2013
    #437
  18. volrathy

    volrathy Active Member

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    gone up 50c in 10 minutes
     
    volrathy, Jan 4, 2013
    #438
  19. SS

    SS New Member

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    The fact that they mention this is good, as it is only more fuel for us when QE does not stop. :)
     
    SS, Jan 4, 2013
    #439
  20. upandaway

    upandaway Member

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    Should be interesting next week. Reversal in US Friday stopped what was looking like a blood bath (at least for now). Weekend close as it did leaves me to believe that the $28's are more likely for a good bounce as TG was pertaining too. However, I still think there will be more downside later year.

    Actually I've got a level for gold I'm happier with to trade off. Spectacular swing on Friday Silver.
     
    upandaway, Jan 6, 2013
    #440
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