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re: Spot Silver - over $27/ounce

Posted on 4/12/24 at 10:59 pm to
Posted by FredsGotSlacks
Baton Rouge
Member since Mar 2008
815 posts
Posted on 4/12/24 at 10:59 pm to
quote:

Spot silver got all the way to $29.79 then crashed and falling, down to $28.39 within an hour and change. Someone really doesn't want it above $29.50ish.

The amount of resistance at the $30 level is impressive. When it closes above $30 on the weekly it’s going to run, its just a matter of how long before it finally clears it
Posted by Tomatocantender
Boot
Member since Jun 2021
4829 posts
Posted on 4/13/24 at 5:59 pm to
quote:

The amount of resistance at the $30 level is impressive.


Iran attacking Israel might be a catalyst to get this to stick at $30 pretty soon.
Posted by Tomatocantender
Boot
Member since Jun 2021
4829 posts
Posted on 5/20/24 at 1:36 pm to
quote:

When it closes above $30 on the weekly it’s going to run, its just a matter of how long before it finally clears it


Looks like we're at this point now. About to close at or around $31.50 today.

Eta: Over $32 close.
This post was edited on 5/20/24 at 3:01 pm
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