Okay, lets pick a Silver price for close of business in US on Monday 29 Dec

[JohnnyBravo300]

Its never a good sign for market open.
Great for buyers tho.

 

[betterinvestmentthanshare]

Bounce

 

[Azure]

Weak shorts cover, Smack up.
(The serve)
Stronger shorts hold and pick up the slack, smack down. (The transfer)
The second gap up is probibly short stops getting blown. For which the stronger shorts now have a higher DCA high due to those bumped out who popped the price.

Dead cat bounce is the pattern were looking at next IMO.
Bulls vs bears; totaly an: "in your face" to the bulls now.

However. This game isnt over.
We pull out a break of the phi ( golden ratio) x previous ATH (1.618 x 50 = ~$81 usd)
By good margin.
We could end up with a triangle flag bumping up against 80 usd for a while.
Im still sticking to 121 AUD.

 

[JohnnyBravo300]

Yeah i suppose 10% everyday is alot to ask for.

 

[Shaddam IV]

So you think it will drop?

I have no idea, maybe it’s just wishful thinking. If it spikes on opening and stays high tonight

 

[Shaddam IV]

Unsurprisingly $10.00+ price changes in small time frames. Clash of the Titans.

 

[JohnnyBravo300]

Looks like its getting bought right back up after that opening dump.

 

[braz]

Unsurprisingly $10.00+ price changes in small time frames. Clash of the Titans.

View attachment 98585View attachment 98585

 

[Ghost Story]

this stuff is going to crash hard-what my mate call it pump and dump lol sounds like my x wife

 

[BlackSheep]

$147 AUD is my guess (haha I know shouldn't have had rum so early lol)

Will be interesting to see now that the gap up has been back-tested