Silver Surfer 🇷🇺
@SilverSurfer_23
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"It aint what you dont know that gets you into trouble. Its what you know for sure that just aint so" Mark Twain
Melbourne, Australia
Joined June 2021
Coach @ForexStopHunter nailed this move! It pays to keep an open mind, it will keep your account open! and let your stops tell you your wrong, it will save your some serious heart ache in the long run! Its not about being right all the time, its about not staying wrong.
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Top quality analysis and trading wisdom as always! @forexstophunter
https://t.co/OZ5sGGve4p
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$SILVER 4HR PARABOLA Took another week to complete but all parabolas eventually break!
$SILVER 4HR PARABOLA Still technically holding, no room left to adjust, so completion any day now!
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Tom does some great work and often shares some very intriguing charts and correlations on a variets of things, not just financial markets either. I thought this was worth sharing given the recent action in the metals sector! @McClellanOsc
The stock market tends to make spike bottoms, and rounded tops. Gold does the opposite, making rounded bottoms and spike tops. This is because of the nature of panic. People panic out of stocks and into cash. They also panic out of cash and into gold. The arrow marks the
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⚡️In Pakistan, rising gold prices are driving innovative efforts to extract tiny gold particles from old phones Turning them into a 190-gram gold ingot worth over 27,000 dollars using complex chemical methods.
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$GOLD 1HR Broke up as suspected but personally, the Gold space is getting so heated that chasing it here would be nuts imo. A reversal and failure on the other hand would provide great opportunity to starting to look at the short side.
$GOLD 1HR Looking for some sort of clear resolution to this rising wedge thats about a week old. Usually I would be looking for a downside break but given the strength of this market it could easily pop out the top and put on another few hundred bucks next week 🤣🤣🤣 I do
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$PALLADIUM
Just so you all know in advance This is the next Silver Members of my community know the identify of this market
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$GOLD 1HR Looking for some sort of clear resolution to this rising wedge thats about a week old. Usually I would be looking for a downside break but given the strength of this market it could easily pop out the top and put on another few hundred bucks next week 🤣🤣🤣 I do
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$GOLDSILVER RATIO WEEKLY Ive been posting about the ratio chart for years, theres been many times when it looked like we had broken trend but with 3 clear touches on peaks nothing could be clearer. I do expect it to move lower first though, theres a clean 5 wave impulse off the
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$GDX DAILY & 4HR $SILVER DAILY PARABOLA Silver remains in its parabola and while it does the higher it goes, the longer it can extend in time. Its going to be very clear to all once it breaks, we had a few false breaks early on with the lower time frame but now that its so well
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$SILVER DAILY PARABOLA Up 45% in 2.5 months and clear acceleration in just the past few days as you would expect in a parabolic move, Silver futures up around 10% since Fridays close. Its FOMO fuelling this right now! but for how much longer?
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$SILVER WEEKLY (BIG PICTURE) Been a while since have done an updated wave count Ive now revised what I had originally believed was the a larger degree wave (4) waiting to complete into a smaller degree wave 4 making this recent run up wave 5 of (3) This now makes those once
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$GOLDSILVER RATIO (FUTURES) WEEKLY Crazy to think Silver is at an ATH and the GSR ratio is still higher then it was last October, around 80, let alone 20 point above where the 2021 low was at just over 60. As exciting as things are now I think they will only get more crazy in
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$SILVER 4HR $SILVER FUTURES 4HR Lots of talk about all this supply shortage, lease rates, futures/spot spreads ie) backwardation etc etc. Its a bit out of my wheel house and I just keep tabs on what @profitsplusid has to say about it from a curiosity stand point. Other then
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$SILVER 4HR PARABOLA Still technically holding, no room left to adjust, so completion any day now!
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