SVL 5.00% 8.4¢ silver mines limited

Ann: Bundarra Zone Expansion at the Bowdens Silver Project, page-48

  1. 1,218 Posts.
    lightbulb Created with Sketch. 1037
    Morning ALL,

    Another nice move in silver last night, that's 3 in a row now, looking good, but and there is always a but when dealing with the most manipulated commodity on the planet. Tonight is the third Friday of the month and that means PM settled index options cease trading. Which means expect a massive disturbance in the vortex tonight in the good ole USA (comex etc). Now the question is has the recent run up in silver been orchestrated by the likes of BOA trying to tempt the 'longs' out of their position in order to help reduce their massive short position. Anyone's guess really, that may be the case but and there's that word again BUT if they can see the writing on the wall then maybe they are just using their usual tactic and then switch to hovering up all the low hanging fruit, lets say for arguments sake everything up to next line of resistance ($25.42 or there abouts). SO if silver closes up tonight in the USA it really is a very positive signal. Below is a link to triple witching , option expiry dates etc in the USA for 2022. A must for all trading in PMs etc.

    http://www.forex-central.net/options-expiration-calendar.php

    All imo and DYOR
    Kind Regards
    FINN
    Last edited by Finn: 21/01/22
 
watchlist Created with Sketch. Add SVL (ASX) to my watchlist
(20min delay)
Last
8.4¢
Change
0.004(5.00%)
Mkt cap ! $125.1M
Open High Low Value Volume
8.2¢ 8.9¢ 8.2¢ $2.234M 26.17M

Buyers (Bids)

No. Vol. Price($)
12 628559 8.3¢
 

Sellers (Offers)

Price($) Vol. No.
8.5¢ 950301 7
View Market Depth
Last trade - 14.45pm 20/08/2024 (20 minute delay) ?
SVL (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.