**Fear & Greed Mood**: โ๏ธ - Score: 50/100 (neutral, no fear or greed spike) ๐ - Investors are calm; silverโs safe-haven appeal is low due to optimistic markets ๐
**Fundamental Score**: 60/100 ๐ - Strong electronics and solar demand boosts silver ๐ - Weaker US dollar (Fed rate cut hopes) supports silver ๐ต - Stable inflation limits silverโs hedge appeal ๐
**Macro Score**: 55/100 ๐ - Fed rate cut in September (90% chance) lifts silver ๐ - Calm global markets reduce silverโs safe-haven demand ๐ด - Easing US-China trade tensions dim silverโs shine ๐๏ธ
**Key Points to Get**: ๐ - **Price Drop**: Silver at $37.704, down 1.24% due to weaker safe-haven demand ๐ - **Trader Vibes**: Retailโs 62% long suggests a possible price dip; institutions (55% short) agree ๐ - **Neutral Mood**: Fear & Greed at 50 shows no big panic or excitement โ๏ธ - **What Drives Silver?**: Industrial demand and weaker USD help, but calm markets hold it back ๐๐ต - **What to Watch**: US CPI data soon could shake prices ๐
**Trading Tips**: ๐ง - **Sell or Wait?**: Retailโs heavy buying hints at selling, but check CPI data first ๐ - **Stay Safe**: Use stop-loss orders, risk only 1-2% of your account โ ๏ธ - **Next Steps**: Monitor US CPI and Fed rate cut news for price moves ๐
A break below 37.9 (ish) should see a roughly 10% downswing to restest lows.
If it holds, there are two zones of interest. 39.5 and 41.7 (both rough estimates).
Too much uncertainty for my blood at this juncture. A break below 37.9 and I'll enter a short position as that would reduce uncertainty to acceptable levels. If this goes bullish, I will be watching from side lines - as uncertainty is too high in that direction.
๐ฃ ENTRY: ANY PRICE! But Thief OGโs use LAYERS! ๐ฏ๐ (Multiple Limit Orders = More Stolen Profit!) ๐ซ Buy Limit Layers: 38.500 | 38.300 | 38.000 | 37.800 | 37.700 (Add more if youโre greedy!)
๐ STOP LOSS: Thief SL @ 37.000 (Adjust based on your risk, OG!)
๐จ TARGET: 40.500 (But escape at 40.300 before cops arrive!) ๐๐จ
๐ซ THIEF TRADERโS RULES: โ Scalpers: Only LONG side! Use Trailing SL to lock stolen cash! ๐ฐ โ Swing Traders: Layer up & hold till escape zone! ๐ฆ โ News Alert! ๐จ Avoid new trades during high-impact news! Protect your loot with Trailing SL!