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ken
Reputation Activity
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ken reacted to HelpingHands in Silver Monitoring Thread £ (GBP) only.
How about this... say the price was at $20 for a while so plenty of people were buying in this area.
Then the price dumps.
When it gets back to $20 there may be many people selling at this price just to get their money back.
This resistance may cause difficulty for the price to get over the $20 level.
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ken reacted to 5huggy in Silver Monitoring Thread £ (GBP) only.
2 months ago it was down at $14 -and now its at $15.50 and above!
Ignore the "noise" ie daily up's and down's
look at 5day chart - - - - >>here
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ken reacted to 5huggy in Silver Monitoring Thread £ (GBP) only.
Having said that to a new member @ken
this chart right now(time of this post) suggests to me that there is a breakout "likely"
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ken reacted to 5huggy in Silver Monitoring Thread £ (GBP) only.
Ken - - - purchase what you can "TRULY" afford and at a pace daily/weekly/monthly that you are "TRULY" comfortable with !
That way you end up £/cost averaging - without overdoing it!
And if you are intending to hold a basic HODL stack base then you will gain from any increases in the PM market prices! OVER the longer term
It takes a lot of skill to be a "flipper" or a "market timer" - PM's IMHO are an insurance and long term wealth stabilizer
