@VerifiedNews what do you use to follow the metal prices? I use MetaTrader4 as it has gold and silver that runs 24 hours a day with all the charting stuff you could want.
@rbloper Actually I just watch currencies. I look at the SLV now and then. I'm accunulating, which is different....sort of like "positioning" but on a much longer term scale. Eventually I plan to add an extensive coin/bulion dept to my ebay store.
@VerifiedNews Yea I think I said we would have to retest the lows to break out short or something to that effect, on the trend line, since you don't give any specifics I don't know what other type of trend line there is... More info please.
@rbloper I didn't mean to imply you didn't! Just added my own 2 cents worth and target. Easy to find my trendline just draw one from 81 and check it out.
@VerifiedNews Basically what I am showing are the long term trend lines on the top and bottom of the overall channel, and then the trend that runs with the 50 day MA is short term resistance and when it is violated we can count on the idea that the USD should run back to the top of the long term channel, and as per your trend line, should pause on short term support and resistance.
I'm accumulating metals. I use currency charts to decide when to buy silver, and I'm expecting to buy silver at around 20 before it starts up again.
VerifiedNews 1 year ago
@VerifiedNews what do you use to follow the metal prices? I use MetaTrader4 as it has gold and silver that runs 24 hours a day with all the charting stuff you could want.
rbloper 1 year ago
@rbloper Actually I just watch currencies. I look at the SLV now and then. I'm accunulating, which is different....sort of like "positioning" but on a much longer term scale. Eventually I plan to add an extensive coin/bulion dept to my ebay store.
VerifiedNews 1 year ago
That's a short term bottom. My target would be around 80-81, using a different type of trendline. Longer term I'd wait for a retest of lows.
VerifiedNews 1 year ago
@VerifiedNews Yea I think I said we would have to retest the lows to break out short or something to that effect, on the trend line, since you don't give any specifics I don't know what other type of trend line there is... More info please.
rbloper 1 year ago
@rbloper I didn't mean to imply you didn't! Just added my own 2 cents worth and target. Easy to find my trendline just draw one from 81 and check it out.
VerifiedNews 1 year ago
@rbloper Actually on the second chart (6 mo i believe) my trend intersects the 80 mark at the end of the chart..
VerifiedNews 1 year ago
@VerifiedNews Basically what I am showing are the long term trend lines on the top and bottom of the overall channel, and then the trend that runs with the 50 day MA is short term resistance and when it is violated we can count on the idea that the USD should run back to the top of the long term channel, and as per your trend line, should pause on short term support and resistance.
rbloper 1 year ago