dont agree
@BullishBearish is actually pointing out a tactical rising yield environment - ie the market is pricing in a slightly less bad outlook currentlyand its the push me pull you of USD vs bond rates that will be a big driver of where silver price/sentiment goes from here in the short term
what you are watching atm is machines and traders get long again using money from sells from in PMYs case 3c.
its happening to most of the recent silver run ups
this is how market participants stay on the balls of their feet
some sell and dont re-renter - some sell then buy back at lower price
its all about right fitting their allocation and exposure size to the risk reward setup - which id currently far less 5:1 than it was at 0.06c - but now far better than what it was at 3c
and inexperienced novices sell into the red ink because they dont understand what it happening
its not some manic fear of economic bad things to come post powell
silver's had a big run - when it takes a breather people recut their bets
what you dont know is if the next run kicks off now or in 2 months etc
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Last
11.5¢ |
Change
-0.005(4.17%) |
Mkt cap ! $26.84M |
Open | High | Low | Value | Volume |
11.5¢ | 12.0¢ | 11.5¢ | $112.7K | 961.6K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
3 | 229873 | 11.5¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
12.0¢ | 120121 | 2 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
3 | 229873 | 0.115 |
1 | 11000 | 0.110 |
2 | 6625 | 0.105 |
5 | 210500 | 0.100 |
1 | 6000 | 0.093 |
Price($) | Vol. | No. |
---|---|---|
0.120 | 120121 | 2 |
0.125 | 331422 | 4 |
0.130 | 323454 | 3 |
0.135 | 74977 | 2 |
0.140 | 324135 | 1 |
Last trade - 16.10pm 27/09/2024 (20 minute delay) ? |
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