Midnight to 6am - Overnight Spot Watchers Spot...
- Thread starter Turk
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MCX, NSE withdraw additional margins on gold and silver futures from today
MCX and NSE have withdrawn additional margins on gold and silver futures, effective February 19. This move, initially a risk management measure due to volatility, is expected to lower capital requirements and boost liquidity. The exchanges are rolling back curbs after a recent correction in...
Amid Shanghi being closed, and prices hitting a key low level, MTX and NSE abated/relaxed margin requirements. Thursday 19th.
That potential funding did not result in taking out of key support at the low... rather, marked the reversal. So... the question next is: how strong is the support just below that floor?
And will it be tested if/when comex lowers its margins to follow suit?
Or is the move a good example of the market deciding that up is the new down?
MCX, NSE withdraw additional margins on gold and silver futures from today
MCX and NSE have withdrawn additional margins on gold and silver futures, effective February 19. This move, initially a risk management measure due to volatility, is expected to lower capital requirements and boost liquidity. The exchanges are rolling back curbs after a recent correction in...m.economictimes.com
Amid Shanghi being closed, and prices hitting a key low level, MTX and NSE abated/relaxed margin requirements. Thursday 19th.
That potential funding did not result in taking out of key support at the low... rather, marked the reversal. So... the question next is: how strong is the support just below that floor?
And will it be tested if/when comex lowers its margins to follow suit?
Or is the move a good example of the market deciding that up is the new down?
Stay tuned for answers to this and more, same Bat time, same Bat Channel. What even is "up" and "down" nowadays???
One thing i keep looking up and can never find.
Global mining production figures... Monthly.
They got plenty of yearly figures,
But its the "impact of price levels" that im really keep to see.
That, and consumption figures from industry with the price changes so we can see ACTUAL effects of price on outputs, thrifting and recycling.
Until next years BIG "6th year of global deficit" news, and everyones reactions...
We are all behind on the real "knowlege" and are speculating on each others actions and reactions on the financial aspects.
If were still getting deficits on the last quarters price action, then someone will know before the rest of us...
That lack of general knowlege, is where the insider knowlege bias comes from.
Global mining production figures... Monthly.
They got plenty of yearly figures,
But its the "impact of price levels" that im really keep to see.
That, and consumption figures from industry with the price changes so we can see ACTUAL effects of price on outputs, thrifting and recycling.
Until next years BIG "6th year of global deficit" news, and everyones reactions...
We are all behind on the real "knowlege" and are speculating on each others actions and reactions on the financial aspects.
If were still getting deficits on the last quarters price action, then someone will know before the rest of us...
That lack of general knowlege, is where the insider knowlege bias comes from.
I saw a video where an analyst dug into the various iterations of the John AG channels and he found a name behind of the accounts and it was Indian. Some time ago I scrubbed those accounts from my Youtube recommendations.
Watching the cars in the background going back and forwards was almost as hypnotic as her hands constantly going up and down.
AI still has a loooong way to go… But according to the video “serious capital does not reposition billions because of excitement” So AI is amazing?
I hadn't even noticed the inverse h and s on the daily chart until just now.
What a pleasant surprise, might be heading over 100 bucks or so?
I ended up zooming in to the 4hr chart to get a different view but im just guessing of course.
Its one of the sloppier ones for sure.
What a pleasant surprise, might be heading over 100 bucks or so?
I ended up zooming in to the 4hr chart to get a different view but im just guessing of course.
Its one of the sloppier ones for sure.
Megaphone on the 1h now.
Hold your relics and paperweights tight mateys.
Hold your relics and paperweights tight mateys.
Its hard to believe that a year ago silver was $30 USD.
WTF happened to muh cheap silver.
WTF happened to muh cheap silver.
Ghost Story
Well-Known Member
Still in a megaphone on the hourly and riding the top half of it.
Looking good!
The Shanghai just does its own thing now haha.
Looking good!
The Shanghai just does its own thing now haha.
So, the H&S i nthe GSR looks to have broken down and sideways as gold and silver have broken up this week.
Id be keeping my eye on the level here to hopefully go sideways for a while.
The next chart is completely fabricated, but interested to see how people would feel if the price bullishly appreciated from here.
Would a pullback have you worried about a bull trap and a return to "normal"
Would you take it as volatility and a new channel in the larger range?
Would a dip below the baseline kill your vibe, sending you for the plank???
We are currently on track.. but...
The princess is in another castle..
Id be keeping my eye on the level here to hopefully go sideways for a while.
The next chart is completely fabricated, but interested to see how people would feel if the price bullishly appreciated from here.
Would a pullback have you worried about a bull trap and a return to "normal"
Would you take it as volatility and a new channel in the larger range?
Would a dip below the baseline kill your vibe, sending you for the plank???
We are currently on track.. but...
The princess is in another castle..
Personally for me, i feel good if the patterns hold and the charts align together the way they should.
Testing the neckline on the gsr for resistance and bouncing back down is just textbook perfecto.
Until things change haha.
Testing the neckline on the gsr for resistance and bouncing back down is just textbook perfecto.
Until things change haha.
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