I have established a short position for Silver (XAG/USD) based on my analysis. The market conditions and technical indicators suggest a bearish trend for Silver. I anticipate a price decline, and I've initiated this short position to capitalize on potential profit from this downward movement. As always, risk management and close monitoring will be essential throughout this trade.
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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.