This week is news packed... I was hoping to see Silver break above recently lower highs.
I am out of all positions - but I would not be surprised to see further breakdown in a second corrective leg, finding support at the FVG above next fib retracement.
Like I said, though, this week has alot of material news - so its all games... Will have to watch price action to make a determination of which direction I'll play.
I am very bullish on Silver over next 12 months - but next 12 days??? We'll see.
I am out of all positions - but I would not be surprised to see further breakdown in a second corrective leg, finding support at the FVG above next fib retracement.
Like I said, though, this week has alot of material news - so its all games... Will have to watch price action to make a determination of which direction I'll play.
I am very bullish on Silver over next 12 months - but next 12 days??? We'll see.
@JayNisbett
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@JayNisbett
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.