SILVER LONG-TERM PROJECTION
Updated
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
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