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

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Harry213's Avatar
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 Posted 04/08/2026  09:24 am  Show Profile   Bookmark this reply Add Harry213 to your friends list Get a Link to this Reply
Yes, yes, it is both lovely and delicious.

I am really enjoying the balcony view this morning.



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Harry213's Avatar
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 Posted 04/08/2026  09:36 am  Show Profile   Bookmark this reply Add Harry213 to your friends list Get a Link to this Reply
That was a relatively big move last night, over $5 or 7% swing from yesterday so expect some profit taking at some point.
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Marv65's Avatar
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 Posted 04/08/2026  10:46 am  Show Profile   Bookmark this reply Add Marv65 to your friends list Get a Link to this Reply
Wow, oil down to $72 a bbl. Guess I'll be having King Crab leg tacos for breakfast.
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barryg's Avatar
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 Posted 04/08/2026  10:53 am  Show Profile   Bookmark this reply Add barryg to your friends list Get a Link to this Reply

Quote:
so expect some profit taking at some point.

Like right now, for instance.

Silver back down to below $75.
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Harry213's Avatar
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 Posted 04/08/2026  12:18 pm  Show Profile   Bookmark this reply Add Harry213 to your friends list Get a Link to this Reply
Yep, it's still green for the day, as of right now it's still up by nearly $4 dollars or around 5%

Just gotta let it all settle out between the buyer's and the profit taker's. May get a little bumpy but let's see how it closes for the day.

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Harry213's Avatar
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 Posted 04/08/2026  2:23 pm  Show Profile   Bookmark this reply Add Harry213 to your friends list Get a Link to this Reply
Because literally everything gapped Up a few bucks this morning, have to watch and see if the Gap gets resolved by the overnight crew, or not, before moving forward... If it does then that would mean a retrace back to around $73-$72 and back to $75+ again.




Quote:
Wow, oil down to $72 a bbl. Guess I'll be having King Crab leg tacos for breakfast.



The paper price for light crude Oil is still above $90 a barrel, down from a high of $117.63 on Taco Tuesday, so unfortunately I'm still having chicken tacos.
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Harry213's Avatar
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 Posted 04/08/2026  2:54 pm  Show Profile   Bookmark this reply Add Harry213 to your friends list Get a Link to this Reply

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Some chop, but nothing to capsize the boat.


Negative headlines coming over the newswire now, Silver's brief excursion may not be over yet, stormy weather might be coming back over the horizon again...

Sigh

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Harry213's Avatar
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 Posted 04/08/2026  3:35 pm  Show Profile   Bookmark this reply Add Harry213 to your friends list Get a Link to this Reply

Quote:
...,....have to watch and see if the Gap gets resolved by the overnight crew, or not, before moving forward... If it does then that would mean a retrace back to around $73-$72 and back to $75+ again.


It came earlier than expected due to the headlines, but the Gap Up in Silver is just about resolved on that last pullback to $73.57, but might still be 50 cents shy of yesterday's close of $73.11

Once completely resolved, and no further bad News, it should move higher again.

Edited by Harry213
04/08/2026 3:38 pm
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