Is Silver Ready To Hit $50 - 1/29/2026: Will It Hit $130? - Previous Milestones In First Post - Page 198

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Vector Ze Pillar of the Community United States 607 Posts	Posted 07/31/2026 4:46 pm Five months remaining in 2026. Ag spot essentially flatlining for the past month, with no major gains or losses. I expect we will see more activity in the rest of the year, but with an overall downward slope. Report this Post to the Staff
jbuck Moderator United States 191969 Posts	Posted 07/31/2026 4:59 pm Quote: Friday's here so it's all up to the weekend News cycle now to determine in what mood things open up on Monday. Coin Collector Since 1978 Avatar Old Avatar 7070 Eisenhower Australia Canada World CCF Members on eBay CCF eBay Search Engine Report this Post to the Staff
Harry213 Pillar of the Community United States 1185 Posts	Posted Yesterday 07:51 am Quote: Ag spot essentially flatlining for the past month, with no major gains or losses. "Flatlining" or flattening out, otherwise more commonly known as a price Floor of Support Report this Post to the Staff
jbuck Moderator United States 191969 Posts	Posted Yesterday 09:58 am Big drop at 9AM today. Big is relative. Silver nearing the~ $56 zone. Coin Collector Since 1978 Avatar Old Avatar 7070 Eisenhower Australia Canada World CCF Members on eBay CCF eBay Search Engine Report this Post to the Staff
Harry213 Pillar of the Community United States 1185 Posts	Posted Yesterday 10:32 am Silver has gotten sooo darn boring and uneventful That this morning I'm trading long options and vertical spreads in former meme stocks GameStop, AMC and boring American Airlines because they have way more excitement and profit potential at this moment. Not even the 79th Iran "Peace Negotiation" is doing anything anymore. Wake me up when something actually happens. Edited by Harry213 Yesterday 11:27 am Report this Post to the Staff
Harry213 Pillar of the Community United States 1185 Posts	Posted Yesterday 11:22 am I'm still holding the very small gamble Vertical Debit Spread in SLV, I have until end of August for SLV to move, if it ever moves. But this pays 10X what I paid for it, if it moves in my direction. I would put some positions on in GLD as well, since Gold target is $4400, but at this snail's pace that PM's are moving it's not worth tying up money for a month waiting for results. There's way too much other stuff happening in the market right now. Most trader's are still waiting out metals. One reason they're holding steady. Edited by Harry213 Yesterday 11:25 am Report this Post to the Staff
jbuck Moderator United States 191969 Posts	Posted Yesterday 11:53 am Quote: Wake me up when something actually happens. November, November... Coin Collector Since 1978 Avatar Old Avatar 7070 Eisenhower Australia Canada World CCF Members on eBay CCF eBay Search Engine Report this Post to the Staff
Harry213 Pillar of the Community United States 1185 Posts	Posted Yesterday 1:08 pm Quote: November, November... Yup, I think something has to give.... Maybe sooner even... Quote: Big drop at 9AM today. Big is relative. Silver nearing the~ $56 zone. Zooming out, looking at prior 1 month range. COMEX LOW = $55.67 July 15th COMEX HIGH = $63.23 July 4th COMEX LAST = $57.87 right now and climbing. Report this Post to the Staff
jbuck Moderator United States 191969 Posts	Posted Yesterday 1:14 pm Quote: Maybe sooner even... One would hope. But I know better than to expect. Quote: COMEX LAST = $57.87 right now and climbing. Yup. Looks like a nice upward trajectory. Coin Collector Since 1978 Avatar Old Avatar 7070 Eisenhower Australia Canada World CCF Members on eBay CCF eBay Search Engine Report this Post to the Staff
Harry213 Pillar of the Community United States 1185 Posts	Posted Yesterday 2:03 pm Quote: Big drop at 9AM today. Big is relative. Silver nearing the~ $56 zone. Followed by this an hour later. Quote: Yup. Looks like a nice upward trajectory. What's happening today and for many days now is called 'Accumulation'... Choppy, sideways movement with fake breakdowns that trap sellers before moving higher. (Smart money quietly buys in small portions so they do not drive the price up too fast). 'Accumulation' is the opposite of 'Distribution'.. I'll do the Bears the favor of Googling the definition of what this means below. You're welcome Bears Accumulation and distribution are opposite market phases where large institutional investors build or exit large positions. Accumulation involves buying quietly at market bottoms before an uptrend, while distribution involves selling off holdings at market tops before a downtrend. Core Differences Accumulation (Wyckoff Stage 1): Market Location: Occurs after a long downtrend, forming a sideways base or trading range at market lows. Goal: Smart money quietly buys shares in small portions so they do not drive the price up too fast. Price Action: Choppy, sideways movement with fake breakdowns that trap sellers before moving higher. Distribution (Wyckoff Stage 3): Market Location: Occurs after a long uptrend, forming a sideways range at market highs. Goal: Smart money unloads and sells their long positions to late-arriving optimistic retail buyers. Price Action: Choppy, sideways movement with fake breakouts above resistance that trap buyers before moving lower. Edited by Harry213 Yesterday 2:31 pm Report this Post to the Staff
jbuck Moderator United States 191969 Posts	Posted Yesterday 2:29 pm Quote: I'll do the Bears the favor of Googling the definition of what this means below. You're welcome Bears Coin Collector Since 1978 Avatar Old Avatar 7070 Eisenhower Australia Canada World CCF Members on eBay CCF eBay Search Engine Report this Post to the Staff
jbuck Moderator United States 191969 Posts	Posted Yesterday 4:58 pm Markets went a good bit today and silver worked its way back into the ~$58 zone. Coin Collector Since 1978 Avatar Old Avatar 7070 Eisenhower Australia Canada World CCF Members on eBay CCF eBay Search Engine Report this Post to the Staff
Harry213 Pillar of the Community United States 1185 Posts	Posted Today 2H 22M ago I saw it break over $60 about an hour before the market open. Up around $2 from yesterday's close, about a 3.6% gain, that is a Huge move for AG spot these days, relatively speaking. Report this Post to the Staff
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