Short Silver above 24 with stop @ 24.28. Target low 23 area to high 22. If it doesn't bounce above 24 on Monday, let the trade go.
Note
Checked out the options on silver, 3' week november. Specifically, 2075 and 2000. 2075 long put would cost 55$/contract and 2000 short put gives 30$/contract. Max loss is 25$/position whilst max profit 378$/position. You do the math ))Trade closed: target reached
Trade closed. New Long signal on 08/12/021Disclaimer
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.