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JamesRennie
Dec 10, 2020 11:48 AM

3X Leverage on Silver Long

CREDIT SUISSE AG (Nassau Branch)OTC

Description

Not enough chart information. On USLVF to really chart it well but it's roughly 3X Silver then fees. I have linked my Silver chart below. During the previous Bull run in Silver I sold a couple weeks before the top at 119.

Due to being leveraged I was trying to get 3X on the less risk part of the Silver time line. I started to notice people wanting to buy precious metals and the charts not showing a lot of room left and got out. Now at I am looking at silver to go down more but stay above $20. I normally end up getting in early and not chasing the market. Maybe not ideal. I think a price of around $90 would be a good entry point as I believe Silver is headed to $50 after this retracement.
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