Fresnillo Share Discussion Threads

[bogotatrader] 04/8/2020 21:35

World Gold Council Webinar this Thursday -

[bonio10000] 04/8/2020 21:11

Ah yes - an explosion in Lebanon.

That is why PMs are exploding and fiat is going to zero.

What a goon.

[bogotatrader] 04/8/2020 20:39

Gold got a leg up along with silver and crude oil on the news of an explosion in Beirut, which triggered the fear of missing out, said Blue Line Futures chief market strategist Phil Streible.

“We saw silver, gold ,and crude oil take off on news of that explosion in Beirut. And then when they came out, when it came out that it turned out to be like a firework storage place next to like a nitrate factory, we saw silver futures fall 50 cents, gold fell $9. On that pullback, some of the guys that were afraid to miss out on gold’s price action wanted to get in and buy at all costs,” Streible said.

[saint in exile] 04/8/2020 20:36

Could 26 go tonight

[bogotatrader] 04/8/2020 20:31

Silver futures up 6.1% currently

[trader536] 04/8/2020 18:46

Agreed. I plan on spending far less time at my screens in future, so have parked a fair bit of cash here for the long term.

[saint in exile] 04/8/2020 18:37

This is a big fat HOLD for years to come.Why even bother trading.Buy what you can and sit back

[trader536] 04/8/2020 17:47

Silver is trapped in a pennant pattern, according to the 4-hour chart.
A breakout would imply a resumption of the uptrend from lows near $19.
Silver is being squeezed in a narrowing price range for the eighth trading day. At press time, the metal is trading largely unchanged on the day at $24.31 per ounce.

The 4-hour chart shows the metal has carved out a pennant pattern.

A break above the pennant resistance, currently at $24.56, would confirm the breakout and signal a continuation of the rally from the July 17 lows near $19. That would expose the recent high of $26.20.

Alternatively, a pennant breakdown would imply bearish reversal and open the doors for a pullback to $22.25 (pennant low). Acceptance under that level would expose the psychological support of $20.

[imastu pidgitaswell] 04/8/2020 17:10

:-)

And (very finally), for T's benefit, some of us thought the price of silver and gold would rise. And didn't 'change our mind'.

[trader536] 04/8/2020 16:53

1100p buys and 700p sells lol cluless stupid git

[imastu pidgitaswell] 04/8/2020 16:51

I'm still here and still holding, you dismal twonk.

You're still pushing that ridiculous incoherent chart, with (for some unfathomable reason) annual numbers for various kpis which within a month has been used to suggest a crash to sub 500 and a rise to 2000+ ?

Posts 10423, 10635, 10893, 11257, 11265, 11353, 11362, 11382 for any recently arrived readers...

[trader536] 04/8/2020 16:47

Monthly indicators suggest it's going to follow silver and gold thro the 2016 highs.

The thread stupid git selling out at 700p for 200 quid has enough egg on his face to make an omelette with. Idiot.

[nrc] 04/8/2020 16:28

Whoosh, bang, boom, pop.... don't care so long as it's up

[ukgeorge] 04/8/2020 16:10

Booooooooom go gold go silver go fres hahaha i second nrc's Whoooooooshhhhh

[tomboyb] 04/8/2020 16:10

Silver going nutx -

up 4 percent -

[petersinthemarket] 04/8/2020 16:08

Two whooshes on two separate threads - what are you on son.
Have you nothing more substantial to say about the company?

[trader536] 04/8/2020 16:04

Silver flying, up another 4% today outperforming gold by far...