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Reputation Activity
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katyc reacted to timsk in Silver Monitoring Thread £ (GBP) only.
I posted a weekly chart similar to the one below earlier in the thread and suggested that if a strong move to the upside is to get underway that we first needed a break of the August 2020 high and for price to close above the teale coloured line. Ideally, it would have closed above the 2020 high but hey - beggars can't be choosers! Those first two conditions have been met. So, so far so good.
What's happening now is a pullback and is to be expected and, for those who are dismayed to see silver's price falling once again - I say don't be alarmed, keep the faith! If the breakout is to hold and price really is about to move substantially higher, the teale coloured line which previously acted as resistance (stopping price from moving higher because sellers stepped in), should now act as support (stopping price from falling lower because buyers will step in). This is the key price level, IMO. So, look out for what price does at - or around - £20.85.
For those who are rootin' for silver to 'go to da moon', what they don't want to see is for price to plunge through the key £20.85 level and to close below it. This would be a bearish sign. What they want to see is for price to 'bounce' off this level and close above it. If (big if!) this happens, then price should move up to test April's high at just shy of £24.00. A close above this price level would be extremely bullish. Until then, we might well see some messy sideways price action for the next week or two until either the bulls or the bears take control and push price decisively in one direction or the other.
Needless to say, this is just my personal analysis with lots of ifs 'n buts, others may have a very different view.
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katyc reacted to Shuaib121 in 1/10th Brit, 2021 and above.
@Gordy @jackflash123@treetop1280 Anyone? Someone?
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katyc reacted to HonestMoneyGoldSilver in Gold Monitoring Thread £ GBP only
There's decent support around $2300/£1834 so that will probably be as far as the dip goes
The standard thing "they" seem to like to do is dump gold during the week to buy riskier assets, then buy it all back again on Thursday-Friday in case anything kicks off over the weekend while markets are closed
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katyc reacted to HerefordBullyun in Reduced Sovs and Quarters - Shield Vic, Ed, George, Gillick, 1/4oz Eagle and 2x Brits.
I trust you mate pm me with ya bank details
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katyc reacted to James32 in 1oz 2024 Silver Britannia’s £23.50 each
@Ashpope1603 I know it can be unnerving to begin with, but postage first to established members works. I can certainly vouch for @oddball for what it's worth, you will be paid on receipt of goods.
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katyc reacted to bluemoon in Gold Monitoring Thread £ GBP only
In March 2023, there was an ATH akin to the one a few weeks ago. The charts would not have looked a good time to buy. I bought anyway because that day's high would be a future's low (and so it is). Gold charts may be good for traders but for stackers, just buy.
^^^ I found that text saved in the comments box. I must have decided against sending it (it is rather stating the obvious I must say). But it seems a waste to delete it now. All hail my boilerplate wisdom.
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katyc reacted to flyingveepixie in Gold Monitoring Thread £ GBP only
Quite an interesting short vid on Youtube.
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katyc reacted to m3rlin in 5g Chafner gold bar £315 posted
5g Gold Bar posted SD
Bank transfer and UK addresses only
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katyc got a reaction from Aldebaran in Gold Monitoring Thread £ GBP only
@bobski posted the gold price
@BLOOMMAN101 posted charts @Chronos posted useful links that get me excited about when moon 📈 @Petra posted lots of emojis @katyc posted lots of gifs @James32 ate Irish stew in his vault @Paul went to the pub and got Chinese on the way back @stefffana polished his spoons @HerefordBullyun wiped something on his curtains £1868 -
katyc got a reaction from KRO in Gold Monitoring Thread £ GBP only
@bobski posted the gold price
@BLOOMMAN101 posted charts @Chronos posted useful links that get me excited about when moon 📈 @Petra posted lots of emojis @katyc posted lots of gifs @James32 ate Irish stew in his vault @Paul went to the pub and got Chinese on the way back @stefffana polished his spoons @HerefordBullyun wiped something on his curtains £1868 -
katyc got a reaction from Gruff in Gold Monitoring Thread £ GBP only
@bobski posted the gold price
@BLOOMMAN101 posted charts @Chronos posted useful links that get me excited about when moon 📈 @Petra posted lots of emojis @katyc posted lots of gifs @James32 ate Irish stew in his vault @Paul went to the pub and got Chinese on the way back @stefffana polished his spoons @HerefordBullyun wiped something on his curtains £1868 -
katyc got a reaction from HerefordBullyun in Gold Monitoring Thread £ GBP only
@bobski posted the gold price
@BLOOMMAN101 posted charts @Chronos posted useful links that get me excited about when moon 📈 @Petra posted lots of emojis @katyc posted lots of gifs @James32 ate Irish stew in his vault @Paul went to the pub and got Chinese on the way back @stefffana polished his spoons @HerefordBullyun wiped something on his curtains £1868 -
katyc got a reaction from Happypanda88 in Gold Monitoring Thread £ GBP only
@bobski posted the gold price
@BLOOMMAN101 posted charts @Chronos posted useful links that get me excited about when moon 📈 @Petra posted lots of emojis @katyc posted lots of gifs @James32 ate Irish stew in his vault @Paul went to the pub and got Chinese on the way back @stefffana polished his spoons @HerefordBullyun wiped something on his curtains £1868 -
katyc got a reaction from Foster88 in Gold Monitoring Thread £ GBP only
@bobski posted the gold price
@BLOOMMAN101 posted charts @Chronos posted useful links that get me excited about when moon 📈 @Petra posted lots of emojis @katyc posted lots of gifs @James32 ate Irish stew in his vault @Paul went to the pub and got Chinese on the way back @stefffana polished his spoons @HerefordBullyun wiped something on his curtains £1868 -
katyc got a reaction from CaptCaveMan in Gold Monitoring Thread £ GBP only
@bobski posted the gold price
@BLOOMMAN101 posted charts @Chronos posted useful links that get me excited about when moon 📈 @Petra posted lots of emojis @katyc posted lots of gifs @James32 ate Irish stew in his vault @Paul went to the pub and got Chinese on the way back @stefffana polished his spoons @HerefordBullyun wiped something on his curtains £1868 -
katyc got a reaction from Paul in Gold Monitoring Thread £ GBP only
@bobski posted the gold price
@BLOOMMAN101 posted charts @Chronos posted useful links that get me excited about when moon 📈 @Petra posted lots of emojis @katyc posted lots of gifs @James32 ate Irish stew in his vault @Paul went to the pub and got Chinese on the way back @stefffana polished his spoons @HerefordBullyun wiped something on his curtains £1868 -
katyc got a reaction from stefffana in Gold Monitoring Thread £ GBP only
@bobski posted the gold price
@BLOOMMAN101 posted charts @Chronos posted useful links that get me excited about when moon 📈 @Petra posted lots of emojis @katyc posted lots of gifs @James32 ate Irish stew in his vault @Paul went to the pub and got Chinese on the way back @stefffana polished his spoons @HerefordBullyun wiped something on his curtains £1868 -
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katyc reacted to Darr3nG in Gold Monitoring Thread £ GBP only
That's a massive improvement... it's usually someone else's
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katyc got a reaction from Roy in Gold Monitoring Thread £ GBP only
@bobski posted the gold price
@BLOOMMAN101 posted charts @Chronos posted useful links that get me excited about when moon 📈 @Petra posted lots of emojis @katyc posted lots of gifs @James32 ate Irish stew in his vault @Paul went to the pub and got Chinese on the way back @stefffana polished his spoons @HerefordBullyun wiped something on his curtains £1868