Xytruin

Bearish Outlook

Short
TVC:SILVER   CFDs on Silver (US$ / OZ)
I've been promoting a bearish outlook for a few weeks now and was unpleasantly shocked when due to geopolitical events, Silver suddenly skyrocketed. Still holding my Put Option. Silver is now approaching a long term trend line, along with a FibCluster between approx. 17.43 - 17.87 with the Daily and Weekly StochRsi OverBought. My strategy indicates that it will begin a new decline to the range approx. 14.13-14.50. Hanging on!
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