Hey fellow degens 🦍 — timestamped charts and levels. No hype, no astrology.
What happened today: Strong jobs report — 170K vs 80K expected. Dollar ripped to 100. Silver flushed hard ~8.3% closing around $68, well off the highs of the week.
What I called 3 weeks ago 👇
“Bulls capitulate below $70, bears pile in short, and then one Tuesday pre-market gaps up on zero news and everyone chases”
We’re in that phase right now.
The full roadmap I mapped:
May monthly close = spinning top ✅ Right shoulder chop $72-78 = played out ✅ Flush toward 200 DMA = happening now ✅ Fast flush = cleaner bottom than slow grind ✅
Where we are:
Spot silver: ~$68 200 Daily EMA: $67.92 — next major support at play monday 8M EMA: $73.45 — now flipped to resistance GSR back above 60 — correction accelerating Seasonal low window = June/July historically
Two scenarios from here:
🟢 Bull case — 200 EMA holds at $67.92: Fast flush, immediate reversal, gap up nobody sees coming. Tuesday pre-market. Bulls who gave up miss the entire move. Everyone chases.
🔴 Extended bear case: Pierces 200 EMA at $67.92 → $60-61 → max flush $55 → capitulation → THEN the violent reversal
Note: $55 area has been the fall 2025 breakout If we get there it’s a generational buying opportunity.
Key levels — spot silver:
Resistance: $70.85 (8M EMA) · $76-78 · $80-80.30 · $83.25 · $85 · $90.10 Support: $67.92 (200 Daily EMA) · $60-61 · $57-55 max flush
The macro backdrop hasn’t changed: ▪️ CPI 3.8% — highest in 3 years ▪️ PPI running 6% annually ▪️ Real wages falling ▪️ Central banks still buying gold at record pace ▪️ De-dollarization accelerating ▪️ 14-year cup and handle structure intact ▪️ Sovereign debt crisis building globally
One jobs print doesn’t change a 14-year structural bull market.
This is the last buying opportunity before the next leg up, shaping.
Want real-time levels and TA before it hits Reddit? Join Silver’s Vault 👇 whop.com/silvers-vault-3/ discord.gg/6zUTGVNNgh
Not financial advice. 🤙
submitted by /u/PoetOfLight
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