Most reliable early indicator of silver price move?

razzle

I read Ed Steer's "Gold and Silver Daily" which presents a lot of info, mostly negative "noise." Anyone have a more pure indicator in which they have confidence?

jmski52

More pure than what?

cohodk

Technical analysis.

ricko

You must be a member of the inner circle of Master Market Manipulators.....Cheers, RickO

mrpaseo

If I hit odd, it's going up. If I hit even, it's going down. If I hit a bulls eye, buy, buy, buy. If I miss the board, sell, sell, sell.

This helps.

AUandAG

That's frigg'n funny!!!

OPA

Any accurate predictions on my part would be purely coincidental.
Unfortunately, I ran out of change.

derryb

This

Inverse relationship - dollar up, PMs down.

Oil price is also currently a good indicator, direct relationship - oil up, PMs up.

razzle

Thank you, derryb.

rawteam1

<< <i>Thank you, derryb. >>


Believe that nonsense at your own peril...

derryb

17 common games played by trolls to disrupt our power to learn, inform, and organize on the web .... . . lol

mariner67

Contrarian popular sentiment.
It easily could be that the next big move up occurs in the next generation.

razzle

derryb, the troll games post was interesting, too.

streeter

<< <i>Contrarian popular sentiment.
It easily could be that the next big move up occurs in the next generation. >>




This

OPA

<< <i>Oil price is also currently a good indicator, direct relationship - oil up, PMs up >>



Recently, "that's a fact jack." Oil was up 5% today, but has lost some of its gains, just like gold and silver.

roadrunner

<< <i>I read Ed Steer's "Gold and Silver Daily" which presents a lot of info, mostly negative "noise." Anyone have a more pure indicator in which they have confidence? >>



Other than TA there's probably really nothing other than FOMC meetings, monthly NFP jobs reports, the week of 3-10-30 yr treasury auctions (this Tu-Thurs), end of month Options Expiration....lol. Yesterday's silver chart showed a nice 5 wave rise (Sunday/Monday) into an expanding triangle thrusting pattern. Once that 5th wave thrust higher was done, that was it for silver in the very short time. Silver retraced essentially the widest part of that triangle. Ending triangle thrusts are some of the most reliable patterns out there.

derryb

currently dollar up, oil down, PMs down.

complete nonsense.