The price action today will be furious and in particular the shorts = Bullion Banks generating paper Silver.
If she gets past the first level ~$26, then there's the $28 level.
The 3M Swing Log chart going back to 2011 will ultimately decide I expect. She's tried to close above the line 10 x 3M times and been turned back. A place to be vigilant and very careful about volatility and associated risks to capital.
Silver for this asset is only a small part of the proposition. Lead is the commodity that needs to perform.
Go Silver go for Gold, page-238
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Last
10.0¢ |
Change
-0.005(4.76%) |
Mkt cap ! $23.33M | |||
| Open | High | Low | Value | Volume |
| 11.0¢ | 11.0¢ | 10.0¢ | $46.42K | 434.9K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 4 | 381644 | 10.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 11.0¢ | 32424 | 1 |
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| Last trade - 15.58pm 05/07/2024 (20 minute delay) ? |
| BML (ASX) Chart |