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 Replies: 2,771 / Views: 88,346 |
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Pillar of the Community
 United States
5862 Posts |
And now suddenly at $73. Hmmmm...  |
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Bedrock of the Community
 United States
10595 Posts |
Gold slowly rising above $4550, Silver trying to get to $73, and Oil can't make up its mind if it wants to be at $103 or $102........
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Moderator
United States
189222 Posts |
Ah, yes, I see we have had some upward movement this morning.  |
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Pillar of the Community
United States
1122 Posts |
This too will pass, or fade to be more precise. Just give it time. Light crude is nearly back to the $106 it was at last night. Right before the news "mysteriously" got leaked and caused the reversal. The Market's are dismissing it as just more lies and manipulation. But it is evidence as to what is truly causing this downfall in Market's and metal's and also how quickly a rally to the upside would break out if the withdrawal news was actually true.. In the meantime Silver has gone nowhere in the last 8 trading day's. Yup, that's almost 2 weeks in real time. Just going from here back down to the upper $60's and back. And I'll be booking my return trip soon. Rinse and repeat. Until a Real move actually happens.  |
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Pillar of the Community
United States
5862 Posts |
Yep, I'm sure that silver will crash back down any second now, but in the meantime it's awfully nice to see it above $74 again...
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Moderator
United States
189222 Posts |
It is going to live between $65 and $75 for the duration. |
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Pillar of the Community
United States
1122 Posts |
The Market is calling it being stuck in Purgatory until there's a resolution.
The headlines and rumors of potential peace or continued strife will dominate. Just like the one that just came out right now from the other side.
Silver popped to $75 on that headline.
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Pillar of the Community
United States
5862 Posts |
Quote:
It is going to live between $65 and $75 for the duration. Unless, of course, it somehow manages to make it above $75. Nah, that'll never happen... |
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Moderator
United States
189222 Posts |
Brief excursions outside that range are expected.  I also love being wrong when it helps.  |
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Pillar of the Community
United States
5862 Posts |
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Moderator
United States
189222 Posts |
$75 flat at the moment.  See you in the morning! |
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Bedrock of the Community
United States
10595 Posts |
Not bad, Gold hits $4730 - Silver hanging around $74.50 - and Oil dropped from $102 to $97...............
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Moderator
United States
189222 Posts |
Holding around ~$75 this morning. I might have to adjust my range. |
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Pillar of the Community
United States
5862 Posts |
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Pillar of the Community
United States
1122 Posts |
Quote:Holding around ~$75 this morning. I might have to adjust my range. You're still in the ballpark  I must say that as far as I can remember all of your calls on support levels and price ranges have been spot on perfect. I'm thinking you might secretly be a chart technican and dabbling in a bit of technical analysis in your spare time. There's a bit of a short squeeze happening in the markets right now ever since the "Rumors" of negotiations came out. But keep in mind stuff is still being blown up so the war isn't over yet. But nevertheless, everyone was short prior to that news, and now the Market is very carefully unwinding some of the shorts and buying back those positions due to the upcoming speech on Iran coming from our government tonight. Nobody knows what will be said, but the market and trader's are all positioning themselves for whatever the news might be, good or bad. Also, the Market is closed Friday so tomorrow we could be in for a rollercoaster of a day. Be ready. |
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Replies: 2,771 / Views: 88,346 |
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Posted 03/31/2026 04:01 am
