XAGEUR: Buy the dips if your local currency is the Euro

I'd highly reccomend investing in Silver, if your local currency is the Euro.
You can take a longer term position here, risking 5% of your capital without a stop loss, or take a more 'swing' style trade, with a stop loss under 16.39.
Upside is considerable, specially factoring in a potential USD rate hike that might destabilize all currencies, potentially resuming the monthly downtrend in the Euro, which fundamentals warrant.
Good luck!

Cheers,

Ivan Labrie.

Comment:

Looking good.

Comment:

Excellent.

Trade closed manually:

You can book partial profits here, or close the whole thing. If we break the resistance in the weekly we can reenter.

Trade active