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mervs68
mervs68
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Silver is coiling tight!!!  Empty Silver is coiling tight!!!

Wed Jul 07, 2021 8:02 pm
Silver has been coiling tight since July 2020.visible on a long term chart.. I think there will be action potential released when threshold is met. When - hard to say but I guess at within a month... Which direction, again impossible to say, but hopefully up.. May appear to go one direction, then turn sharply in the other direction. But predictions are simply predictions. 😁👌Goo

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Admin
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Silver is coiling tight!!!  Empty Re: Silver is coiling tight!!!

Wed Jul 07, 2021 8:37 pm
I have just received a email from the European mint advertising silver at a silly low price.. OK we have to take into consideration there is postage and VAT on top.. But for the first time I seen that Britannia's are lower than a Philharmonic. EEEEK

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mervs68
mervs68
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Silver is coiling tight!!!  Empty Re: Silver is coiling tight!!!

Sun Jul 18, 2021 11:34 pm
Silver coiled tight.. Silver price is at a crucial level. It has tracked back down to a support level that's been in place for a year... Its 50/50 whether it holds or not.... U.S. Dollar dependent. This week should tell.. If support fails - then a buying opportunity?🤔 If it bounces back up then, happy days. Got to look on bright side, whichever way it moves. 🌞

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AceBullion
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Silver is coiling tight!!!  Empty Re: Silver is coiling tight!!!

Mon Jul 19, 2021 7:06 am
Absolutely, Because the dollar is strong despite what alot of people feared

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mervs68
mervs68
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Silver is coiling tight!!!  Empty Re: Silver is coiling tight!!!

Mon Jul 19, 2021 1:43 pm
Yes @AceBullion agreed. And the U.S. Dollar Index overnight, rose to a 3month high - up 3.5% over that period... Silver uncoiling now. Fading - pressure released... Buying opportunity for bullion perhaps🤔. Just short of minus 5% from Silver price, month high - in GBP...

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Silver is coiling tight!!!  Empty Re: Silver is coiling tight!!!

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