LineKing
Long

Silver as Gold - poss bottom

COMEX:SI1!   SILVER FUTURES
31 4 0
Silver             is very very spiky/wicky at turns. Still, a low risk long against TL @ 13.810 is a very nice R/R against potential massive upside.

Silver/gold ratio at historic lows = silver             longs favoured over gold            

Related Ideas

LineKing
11 months ago
Would add above 14.375, then above the next TL, and fianlly above 15.530. Picking bottoms is a dirty habit. Only clear, low definable risk entries to be considered
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LineKing
11 months ago
This looks too mellow a bottom for silver. Still, trade @ b/e. Plan as below.

More interesting above 28th Dec highs (I have it at 1442 on other charts). Looks possible at current trajectory for price to roughly coincide with the next S/R Line AND the the sloping TL. If this scenario came to pass, a break of that confluence would be very constructive.
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LineKing LineKing
11 months ago
...or above
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LineKing
10 months ago
Stop taken. Looking for re-entry
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