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Replies: 2,652 / Views: 85,087 |
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Pillar of the Community
United States
2845 Posts |
From a simplistic charting perspective, silver has been trading in a channel (low $60's to upper $80's). If I were a betting man (& I am) I would be loading up right now. BUY BUY BUY! 
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Pillar of the Community
United States
1092 Posts |
Quote: I believe I set $65 as the absolute bottom.
Anyone getting ready to make some buys on this? Time to buy the dip   Have at it this s weekend boy's and girl's    The 7 cancelled orders were due to price adjustments that I had to make. The 3 working orders will get filled next week probably depending on what happens over the weekend.
Edited by Harry213 06/05/2026 12:19 pm
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Moderator
 United States
188213 Posts |
Quote: Oh? So copper and nickel are headed down, too? You knew what I meant.
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Moderator
 United States
188213 Posts |
Now we got that sideways chop in the ~$68 zone. 
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Pillar of the Community
United States
1092 Posts |
Quote: From a simplistic charting perspective, silver has been trading in a channel (low $60's to upper $80's). If I were a betting man (& I am) I would be loading up right now. BUY BUY BUY!   I'm kinda thinking this would be a good buying opportunity if anyone is interested in buying.
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Pillar of the Community
United States
1092 Posts |
Quote: Now we got that sideways chop in the ~$68 zone. Yup here comes the chop, and I'm betting it will be a bumpy one. But now that the tug of war is over, (BTW I did say that when the rope snapped it would be a big move), so now that Silver decided it's direction, down for now, it should settle down eventually..
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Pillar of the Community
 United States
5850 Posts |
Quote: Yup here comes the chop Speaking of "yup," I've been meaning to ask... Are you by any chance related to the formerly active user here on the forums named yup7676? He hasn't posted anything here since 2020, but the things you talk about are eerily similar to the way he used to talk about stuff, especially in this long-running thread. Probably just a coincidence, I know, but I figured I'd ask just in case...
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Pillar of the Community
United States
2845 Posts |
Quote: I'm kinda thinking this would be a good buying opportunity if anyone is interested in buying. Exactly  . If the trend stays intact (& there's no reason to believe it'll break that trend), it should bounce nicely from the current level. In a week or 2, we'll be back in the upper $70's/low $80's.
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Moderator
 United States
188213 Posts |
Quote: it should settle down eventually.. 
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Pillar of the Community
United States
1092 Posts |
Quote: Are you by any chance related to the formerly active user here on the forums named yup7676? He hasn't posted anything here since 2020, but the things you talk about are eerily similar to the way he used to talk about stuff, especially in this long-running thread. Nope,  but I remember Yup and I used to follow him and that Silver thread back in the days. I remember he would describe Silver as beautiful Latin or Brazilian woman or something like that  I'm pretty sure he was an active trader. But that was way before I started trading, and knew absolutely nothing about trading SLV and mining stocks. I was just buying physical. I remember getting annoyed at him one day because all I wanted was to get an idea of is where Silver was heading and he kept saying "just watch the price action" and it would go up and back down and I'd be like "what do you mean? What price action?"   Of course now I understand completely right. But every time I type "Yup" on this forum I remember him though. Wonder whatever happened to him?
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Pillar of the Community
United States
1092 Posts |
It seems that The four horseman of the apocalypse arrived all at once to the Markets today.  Everything but the kitchen sink is in sell off mode and the selling picked up this afternoon. Hang on. 
Edited by Harry213 06/05/2026 3:16 pm
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Moderator
 United States
188213 Posts |
Just in time to sweat the weekend. 
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Moderator
 United States
188213 Posts |
Wow. ~$68 to ~$67. 
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Pillar of the Community
United States
1092 Posts |
Yeah the selling is pretty intense today, all the way to the close, and not just for the metal's.
Maybe continuing into Monday before we get the bounce.
Edited by Harry213 06/06/2026 01:53 am
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Moderator
 United States
188213 Posts |
Seems like it was a good time to move some of cash into the market. 
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Replies: 2,652 / Views: 85,087 |