I think we have reasonable chances for a bottom in silver in the intermediate term, and with lower odds, long term.
We went long today, at 16.569, with tight stops, and we aim to capture the daily trend, which appears to be turning to the upside sharply.
I'm also in long term positions in gold, and also entered an intermediate term long in it today, at roughly 1250.
Best of luck,
Ivan Labrie.
We went long today, at 16.569, with tight stops, and we aim to capture the daily trend, which appears to be turning to the upside sharply.
I'm also in long term positions in gold, and also entered an intermediate term long in it today, at roughly 1250.
Best of luck,
Ivan Labrie.
Note
Good progress so far. We can add a bit on dips.Note
Silver has been acting strong after shaking everybody out -including me-
Luckily I avoided disastrous loss selling before things got too red...
I'm reentering longs here soon, we have some nice upside potential, which can evolve into it confirming a long term rally to 24-27 at least.
Note
Watch these key dates and levels for a reversal up again.
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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.