Welcome to NexusFi: the best trading community on the planet, with over 150,000 members Sign Up Now for Free
Genuine reviews from real traders, not fake reviews from stealth vendors
Quality education from leading professional traders
We are a friendly, helpful, and positive community
We do not tolerate rude behavior, trolling, or vendors advertising in posts
We are here to help, just let us know what you need
You'll need to register in order to view the content of the threads and start contributing to our community. It's free for basic access, or support us by becoming an Elite Member -- see if you qualify for a discount below.
-- Big Mike, Site Administrator
(If you already have an account, login at the top of the page)
Because gold chart is in a down trend, and silver also, and bouncing, could hit 42.50 (in my view). If gold is still correcting, (that's the big question), silver could be at 22.50 in same time frame. Its one bet.
Same time frame, same price moves. The trend line is still down for gold, or neutral (in my view), so if gold is going down, silver will not go up. That's all i'm saying. If indeed the mini-gold correction is over, then it was a reset. On the long side of the story, China is apparently buying. I guess inflation is a propellant. Check the chart in 24 hrs, we'll talk again. Its a volatile situation, where the compass can spin 180 on a dime.