Silver takes the escalator up and the elevator down.

As I mentioned in my forecast a sell-off occurred and a buying opportunity is here, without too much of my usual rhetorics about cycles and so on - go long on a close above 23.30 and stop loss on a close below 22.

*Please remember that futures trading involves a substantial risk of loss and is not suitable for all investors.

Comment:

Silver will get a buy signal but the stop loss is now a close below 22.70.

Comment:

We want to limit our risk substantially and and a close below 23.30 will be a sell signal.

Comment:

Never got a close below 23.30 and silver continues on a buy signal.

Comment:

Take profit around 25.40 or stop loss on a close below 23.70.