🚨STEWART THOMSON ON SILVER:
"An exciting inverse H&S pattern is coming into focus & …the price target is the previous high near $120!"🔥
https://t.co/qWDDeZ8RzR
#Silver is consolidating above the lower boundary of a descending wedge.
Price has repeatedly found support in this area, keeping attention on the wedge structure.
A sustained hold above support could allow a move toward wedge resistance, while a break below it may signal a deeper corrective phase.
Market geometry executing with precision.
$Silver perfectly washed out to the upper boundary of my Scenario 2 zone, tagging the first accumulation target before a sharp bounce.
This move likely trapped late shorters and may have formed a textbook fakeout below the trendline — potentially setting up an Inverse Head & Shoulders.
While the reaction looks promising, discipline comes first. I’m staying patient with the dry powder I built two days ago and waiting for clear structural confirmation before adding.
Caution over FOMO. Let the pattern prove itself.
Physics > Paper.
After a small overnight dip to suck in late shorts, $SILVER trying now to rally. Break of the trendline (1st box) will confirm DCL is in. Modified my fork (to schiff variant). Upper box/fork top is max target; this rally could stall around any of the fib levels between though.
🚨"I don't give a s*** who wins the currency war.
It's the COLLATERAL WAR that I care about.
And right now, I think GOLD is starting to win." -GoldFix's Vince Lanci
🔥In the latest SilverTrade Insider, Vince Lanci explains why it's the COLLATERAL WAR that matters, not the currency war.
🔐Key Topics:
🔅Why a Return to a Bimetallic Standard is Coming
🔅The US Gov't Put a PRICE FLOOR on Silver
🔅Silver Ozempic: JP Morgan Attempting to KILL China's Appetite for Silver?
🔅Dollar MILKSHAKES vs Goldbugs
Watch the full conversation on Youtube:
https://t.co/swDXkGNZTI
BREAKING: Iran has rejected the US demands to surrender its enriched uranium stockpiles under any circumstances, even if signing the MOU and entering the 60-day negotiation window, with no nuclear discussions being held in that or after that window and no change expected to Iran's nuclear posture, per NYT.
This comes as a faction within Iran's leadership holding Supreme National Security Council representation is now actively working to block any deal with the US regardless of terms due to the excessive demands, per WSJ.
🚨STOP THE PRESSES:
THE CME'S HOUSE ACCOUNT STANDS FOR DELIVERY OF 795k OZ OF SILVER⚠️
🔥COMEX SILVER DELIVERIES ROAR BACK TO LIFE‼️
🏦COMEX SILVER DELIVERIES REPORT🏦
💥BOA's HOUSE Account Issued 727 Delivery Notices!
💥Wells Fargo's HOUSE Account Stopped 249
➡️JP Morgan Stopped 102
⚠️The CME's OWN HOUSE Account Stopped 159!
🚨TOTAL COMEX MAY SILVER DELIVERIES RISE TO 6,413 - 32.065 MILLION OZ
Second month in a raw bear manage to hold silver's rally, which I believe is about to change soon. Suppression requires a lot of resources and rally in silver is inevitable. How long more bears could hold?
TRENDING
A Utah physics professor just compared the proposed Utah Stratos AI data center to the explosion of 23 atomic bombs a day.
The numbers check out.
- Stratos Campus: 16–17 GW thermal load/ 1,468 TJ/day released
- Hiroshima = 63 TJ
- That's 23.3 bombs/day of heat!
So cow farts and your car are bad but toxic boiling cauldrons designed by mad scientist to run AI to make humanity obsolete are good…