Thread: Silver!
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Old 04-02-2013, 10:17 AM   #199
Ulic Qel-Droma
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yeah see... it went down couldnt break the 20 day average line. it's almost at the bottom of the channel now... or already bounced off. I HOPE YOU GOT OUT!!! it couldnt break 29.35-45.

time to buy... or... almost time to buy. unless it breaks down through the channel lol. we'll see the next few days.


edit: shit i retract my statement... any buy would be a small temporary up... if you look at continuation weekly or monthly charts of gold and silver (especially gold)... man.. it's totally overbought and it could easily drop down to 1100 dollars. it just has to break the support. silver is a wedge downward on weekly/monthly.

that being said, i would still probably buy, but you gotta take profits fast. long term i think it's going down. silver could go down to 21 bux. that's 6-7 bux to be made! 31-32 grand per contract. but small players like us have to find a good entry point, any small swing upward could knock us outta the game. unless we can afford huge stops.

Last edited by Ulic Qel-Droma; 04-02-2013 at 12:39 PM.
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