Silver Trend Break
Silver breaking the uptrend. Second wave of virus is accelerating in both the US and Beijing. Protests around the world only increase the probability of a meaningful second wave. This is deflationary and bad for silver. USD proved it is still the safe-haven this past week. Even with the virus risk the 'worst' in the US. USD still rallies on the global asset sell-off. Silver short, long Treasuries, probably the same trade.
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.