The fact that Silver prices remain cheaper than the S&P rally may have a positive effect on the stock. In order to reduce the financial leverage, the Stop-Loss value has been manually converted to lower values. In addition, the buy signal was taken from the weekly chart :
The infrastructure on which the analysis is generally based is given in related ideas. Parameters :
Risk/Reward Ratio : 1 / 2.48
Stop-Loss : 28.72
Goal : 34.57
Comment
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We've gone through the cheap )) already I intend to continue this trade, even if the symbolic stop explodes, I share it as a new idea. Unless there is something to reverse the table, the stop can be stretched a little more.
Trade active
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Trade is active
Trade closed manually
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When the XAUXAG parity is broken down, the analysis will be shared again. Let's close here without much damage, I'm hopeful of the deed, but we can open a much better position. Let's wait for the commodities to settle.
Comment
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I insist on the target price, physical keepers may not close their positions. The analysis is very close to the stop values, on the other hand I have to think about the leveraged traders, so it was a little early in terms of time,regards.