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have been looking at the silver price chart of late and found it quite interesting that compared to the pre-covid price levels, there's been 3 separate 12% - 15% bounces off that level, and possibly that a 4th is setting up at themoment.further to that I was also reading the "In Gold we Trust" report (just the Chart Pack) this morning and there's a few interesting points in there too - worth a google if interested.but on the price action, definitely looks like a war between shorters and short covering of positions at the moment, purely my speculation of course, but the rate of the bounce seems quite "urgent" each time[ATTACH=full]148306[/ATTACH]
have been looking at the silver price chart of late and found it quite interesting that compared to the pre-covid price levels, there's been 3 separate 12% - 15% bounces off that level, and possibly that a 4th is setting up at themoment.
further to that I was also reading the "In Gold we Trust" report (just the Chart Pack) this morning and there's a few interesting points in there too - worth a google if interested.
but on the price action, definitely looks like a war between shorters and short covering of positions at the moment, purely my speculation of course, but the rate of the bounce seems quite "urgent" each time
[ATTACH=full]148306[/ATTACH]
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