I'd highly reccomend investing in Silver, if your local currency is the Euro. You can take a longer term position here, risking 5% of your capital without a stop loss, or take a more 'swing' style trade, with a stop loss under 16.39. Upside is considerable, specially factoring in a potential USD rate hike that might destabilize all currencies, potentially resuming the monthly downtrend in the Euro, which fundamentals warrant. Good luck!
Cheers,
Ivan Labrie.
Comment
Looking good.
Comment
Excellent.
Trade closed manually
You can book partial profits here, or close the whole thing. If we break the resistance in the weekly we can reenter.
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.