I think we're on the cusp of the biggest commodities grab in human history, and guess what, silver is the most undervalued of them all. Oil is done, new technologies will replace the outdated gasoline engines very fast in the next few years.
At some point during this upward trend, the POS is likely to pull back and test its previous resistance level for support. This pullback could be around the $38 mark, depending on how far the uptrend extends (as indicated by the yellow arrow). If that level does not hold, the next potential...
To spice things up i am also adding in a silveroos 1 ounce silver round. This is the first of the series so if anyone missed out now is the opportunity to get one for your collection. Good luck all, and remember your bid is helping admin with forum costs. These are low mintage too
Bollinger bands are a tool/indicator that tells you if a price is overbought or oversold. These being MMAs can get very tight over a period and are worth a punt when you cannot squeeze a Mickey hair through them
Alor is telling a story here, the 9 and 21 crossovers are significant. What he, she does not see is the hammer that pierced the 9 and then touched the 21 with a significant rebound
Tomorrow if I can dig one up I will add an additional silver round to the auction. These rounds are very scarce that relate to the Silveroo forum! So for any latecomers to the site it's a good chance to own one. Stay tuned... and thanks to all who have made a bid so far.
No. I believe silver will move faster than a lazy ten-dollar price action. It is so undervalued that when it moves it will be very fast. I'm never wrong just sometimes.
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