Goldtent TA Paradise

SILVER : BREAKING OUT IS HARD TO DO

1. Marcusjames says:

   March 12, 2026 - 10:49 am at 10:49 am

   Armstrong’s take is a bit depressing and hopeful at the same time. Personally, I’m partially on the sidelines waiting for some definitive action. That isn’t happening now: As it stands now, we could have a pullback into April. However, it appears that we are looking at a bull market, perhaps from May into September. While February has the highest monthly close, the intraday high in gold remains in January. If that is exceeded from May onward, the extreme projection would see gold test $7,000-$8800 as soon as August/September 2026.

   • Farmer says:

     March 12, 2026 - 8:07 pm at 8:07 pm

     Marcus, can you copy and paste whatever it is that Armstrong is saying? I am cusious but not a subscriber there. Does he have some targets for next week or maybe he does not work that way. Tell the truth I never get much out of his babbling on his site because he is so slippery about price. He does better on timing and events but screws up with the direction and cost of commodities frequently. If his cals were good then it seems others would broadcast them boldly. But that does not happen even for subs. Is it worth the price you pay?

     • Marcusjames says:

       March 13, 2026 - 2:25 pm at 2:25 pm

       It’s $15 dollars a month. The blog is good. It keeps my head screwed on and to be careful. He also has major indexes and price projections, or rather strength of movements, for a select number of things included like USA and international stock markets, oil, gold, silver etc. If you want more info, more detailed stuff, you have to pay for it above the $15 a month. When I post his blog, it’s copy and paste. I avoid pasting the whole thing because I don’t want to be kicked off the site, not that that would happen, but I’m sure those that run the site don’t like it.

2. Marcusjames says:

   March 12, 2026 - 10:50 am at 10:50 am

   Also from Armstrong: The monthly closing resistance in silver is at the $105 level, a level necessary for a breakout. If that is achieved after April, then there is a chance of a rally into a September high. The projected extreme target would be $195-$200.

3. Hermit says:

   March 12, 2026 - 11:19 am at 11:19 am

   I also read the Armstrong post. If you’re unlevered, I’m not sure what the issue is… don’t get excited about buying Apple at $2 and selling at $4 when its going to $200! April is not too far away and the upside risk/reward remains bigly in our favor. If I would trade it, I’d miss it. Sit on those hands!!! Not investment advice, just my opinion.

4. Rob Walnut says:

   March 12, 2026 - 12:42 pm at 12:42 pm

   Agreed with all.
   “Money is made by sitting, not trading” Jesse Livermore

   Gary Savage is expecting for sideways action for 2 – 3 weeks before it resumes its bull market.