peterbokma

SILVER-SELL strategy Daily chart

Short
TVC:SILVER   CFDs on Silver (US$ / OZ)
No change in view. We are very overbought for SILVER and one can observe the GOLDSILVER RATIO chart cleary identifying we should see a big drop of the precious metal.

I feel we may see test of $ 28.50 area.

Strategy SELL @ 31.50-31.85 and place SL above 32.78 and take profit near $ 28.90.

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