Actually i was very bullish on #silver short-term. But i closed all my long positions on both #gold and #silver upon the war event between U.S and Iran.
Here's my problems technically:
-CFTC gold long positions ath
-Long-term indicators bearish divergence
-Long-term price-action still suspicious
-Long-term wave count does seem like finished by time but not price based
-Long-term ichimoku seem terrible on #silver, despite #gold
-The most importantly: Gold, silver and also JPY should run together in a legit metal rally which we don't see recently
I still think #silver should go $26 or $32 before die completely, but the question is there gonna be a lower-low ($11) first or not? Lets see
Hope it helps
Here's my problems technically:
-CFTC gold long positions ath
-Long-term indicators bearish divergence
-Long-term price-action still suspicious
-Long-term wave count does seem like finished by time but not price based
-Long-term ichimoku seem terrible on #silver, despite #gold
-The most importantly: Gold, silver and also JPY should run together in a legit metal rally which we don't see recently
I still think #silver should go $26 or $32 before die completely, but the question is there gonna be a lower-low ($11) first or not? Lets see
Hope it helps
Trade active
I don't care what the majority thinks, im gonna try to find short setups till 9-11 usd
I believe trading is a dynamic organism, and dont folow static plans. So i try to measure momentum and trade level by level. My trading setups are trad-able only in my style. I do not advise you to follow my trades, but only see a different perspective
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.
I believe trading is a dynamic organism, and dont folow static plans. So i try to measure momentum and trade level by level. My trading setups are trad-able only in my style. I do not advise you to follow my trades, but only see a different perspective
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.