peterbokma

SILVER-SELL strategy

Short
TVC:SILVER   CFDs on Silver (US$ / OZ)
I am happy I changed my mind yesterday. Silver is going south and so is GOLD.

We need to break through 24.52 to see strong down move, and I feel we may see $ 22.75 medium-term.

it is the unwinding of commodities and metals following each other. this will create JPY strength as well.

Sell current 24.60-25.00 range and place stop-loss above 26.10 for now.

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