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Silver-King commented Aug 24, 2024Recession is putting it mildly. What's coming is something that will require a whole new term to describe it.
A recession is coming in the U.S., and 'a few rate cuts' won't prevent it, says strategist
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Silver-King replied Aug 23, 2024For those following DXY... Support is at 98.7. Can't find anything below that.
Gold
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Silver-King replied Aug 23, 2024If the Gold doesn't drop below 2300$ in September, then 2300$ or anything below that price is a thing of the past. It's also looking more like 2700$, then 2300$, but I'll leave that to the Gold specialists here and only focus on the Silver. If I ...
Gold
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Silver-King replied Aug 23, 2024Added Longs around 29.5$ on the Silver. I think 30.7$ should be good to go. If we can get some kind of retracement when it hits that Resistance, then I'll add more Longs. Outlook: Bullish
Gold
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Silver-King commented Aug 23, 2024Death of the USD just signed by Powell. So indeed, the game is to put the world in a horrible hyper-inflationary depression. Well, now the Gold doesn't look that bad at 2500$ and Silver at 30$ does it? Ain't going to look bad at 5000$ and 100$ as ...
Powell: Review and Outlook
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Silver-King replied Aug 23, 2024Sounds reasonable. The Short may begin in September, but as of now it doesn't seem very likely. Price of the Silver is ready for 30.7$ - 30.8$ if that is to take place. Weekly close above 29$ would mean a farewell to the low at 26.5$.
Gold
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Silver-King replied Aug 23, 2024Lately we only get some action a few hours after NYO. Since Powell's speech will begin two hours after NYO I expect the same to happen again today.
Gold
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Silver-King replied Aug 23, 2024As long as the folks on this thread are profitable I don't see any problems... and profitable we are!
You can strike the nail with a bunch of different tools and not just the hammer. Hammer is the most efficient, but the only tool for ...Gold
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Silver-King replied Aug 23, 2024FED'S WONABI: RECENT USD WEAKNESS COULD HAVE AN IMPACT ON INFLATION FED'S WONABI: MARKET PRICING OF RATE CUTS TOO AGGRESSIVE
Gold
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Silver-King replied Aug 23, 20242496$ H4 Resistance. H4 close above that price good for buyers and vice versa... ain't in hell gonna spend my time looking at this miserable price action. See you somewhat before JayPeePee folks! Also, thanks for all the participants that crashed ...
Gold
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Silver-King replied Aug 23, 2024System is often correct, because it follows the markets inner work.
The price will continue going up unless they decide to take it down... as far as I can see, there's enormous buying pressure on both the Gold and the Silver. They push the price ...Gold
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Silver-King replied Aug 22, 2024You can't because you don't see what I'm using hahaha.
Everyone has their own secrets and system. Take care!Gold
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Silver-King replied Aug 22, 2024Yep. "Mine" Btw M15 did close just now below, so another push down is highly expected. Just Sold some Gold now at 2480$. It'll be a good hedge for my Silver Longs which I'm just about to start adding.
Gold
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Silver-King replied Aug 22, 2024M15 closing below 2480$ opens the door for 2460$. M15, M30 and H1 under significantly Bearish on both the Gold and the Silver. Right now, H4 is "under attack" and if H4 fails to give some Support, then I'm decently confident that the Gold and the ...
Gold
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Silver-King replied Aug 22, 2024What do you think is the lowest the Gold could drop tomorrow? I see a possibility for ~2460$, but anything lower than that it'll take something really significant for that to happen.
Gold
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Silver-King replied Aug 22, 2024The question that bothers me is if the Silver now hits its Support, surely it won't hold because Gold has much more room to drop potentially. Questions, questions... so many questions. Either way, I'll have to add some Longs very soon on the Silver.
Gold
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Silver-King replied Aug 22, 2024Today was great... Silver below 29$ is perfect before JayPeePee. Somewhat crucial day tomorrow is, because I'll see how and where the Weekly Candle will close. 29$ is Weekly Resistance and Candle closing below could open the door for 25$ Silver. If ...
Gold
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Silver-King replied Aug 22, 2024Patience pays off. Staying patient is probably the hardest thing to master in trading/investing. Openings orders isn't hard, but waiting for the target is.
Gold