Is Silver Ready To Hit $50 - 1/29/2026: Will It Hit $130? - Previous Milestones In First Post

Good morning.

The night crew reversed their trend, put silver in the ~$60 zone.

Now the morning crew wants it in the ~$61 zone.

Well, we started the week in ~$61 and we are ending the week in ~$61, but I would not be shocked if we sink a little over the weekend.

I do not know much, but I know we are going to be getting plenty of rain from Isaias this weekend. Maybe that will keep some of the shenanigans offline.

Until Monday.

The chart tilts downward, but otherwise a boring bank holiday with silver still chopping in the ~$60 zone.

Good morning. Night crew went up and down, but still in the ~$60 zone.

Ding, Ding, Ding, well that escalated quickly, it's dump city and the next low got hit.




Low of $59.66 so far.

Oh and I almost forgot about this one, October 8th, it's been a week.

Unfortunately the risk reward wasn't great enough for me to put my money on this in the options market. Silver is moving too slow, volatility is down. To be profitable playing SLV short term to the downside with Puts, you need a big, fast, sudden drop in price. This slow, sideways, bleed, down a dollar or 2, over a week just eats away your profit as the value of the options decay quicker over time with low volatility.

But the signal was given to those that could see it. They make different charts for different reasons. Graphs just tell you the price now, and before. Candle stick charts tell you that plus where the buyer's and seller's are.

Different time frames give you the price ranges. Ranges change. Last week the range shifted lower. If you charted it then you noticed the shift lower. When was the last time you saw $62? Why did we start seeing $58?

Of course it can change again. And it definitely will. Forget about beliefs Just stick to the math, the stats, the economics, and the charts, and it becomes a whole different ball game.