Currently viewing the tag: "Silver"
Silver is in nearly the same position as Gold but a little weaker. I think Silver will stay below 35.7 from here on out and so 35.7 serves as a good level for a buy stop on any short trades.
There are two possible 8.4 uptrend lines. I believe the higher one is the correct [...]
I wish I had been shorting silver! This chart is even weaker than Gold and clearly shows how Silver tanked upon breaking the 17.735 uptrend line. But now Silver is in a similar position to Gold. As long as Silver stays above about 30 then I think there is potential for Silver to tally back [...]
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- I swear they ran that up to 1158 just to blow my stop 2011/09/29
- ES is at 1154, moving stop to 1157.75 2011/09/29
- Short ES@1158, stop=1162 2011/09/29
