SLV XAG Silver - Stop loss update, long the dip
Updated
I'm playing silver in a bullish macro trend, so I'm still long. However we could see a significant pullback, shaking out weak hands and traders before a higher high. Short traders could be right depending on the degree of retracement.
However I'm not looking to short. I'm looking to long the pullback.
However I'm not looking to short. I'm looking to long the pullback.
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We got the pullback I was expecting (into the high $16's), so if you bought there congratulations.
If you can buy in at low 17's, good for you. I doubt we will go much lower than that. The fear of fiat is spreading. It's 2019. You can't go wrong investing in assets with a capped supply. Think about that while the Federal Reserve prints trillions more "dollars"
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