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PME

Silver still BearishSilver is still bearish when looking at the indicators. I expect it to touch the lower range around 17.5 and a possible break of the range from that point. The past years silver seemed most comfortable in the 15.500-16.800 zone. This sunday we have the french elections, I personally expect that Le Pen wont win, giving the Euro a boost on monday. However I also see a decrease in safe havens because of this which means gold and silver will drop even though the euro will climb. Trading advice: Sell the spikes or if your equity allows it sell it at current market price and be ready to add more along the way or spikes.
TVC:SILVERShort
by JoshFX1