Previous longs got stopped around 18.78. Another dollar gone from there, CMP 17.68 Some countertrend buy signals being generated today in Silver. Previous instances are highlighted here Worth trying longs here. We are trading against trend. I leave risk mgmt to you
Note
Off to a good start. Can turn into a big trade though the PM bulls have been talking more analysis and doing less buying it seems
Note
We have had a c4% rally into today's high. Still very tepid move. Need a big 3-4% move day to change the narrative here. Booked half here and trailing rest to 18.03
Trade closed manually
Closed manually. Got around 50 cents. Will look for fresh setup for longs
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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.