BlueberryMarkets

GOLD AND SILVER SHORT OPPORTUNITIES

Short
OANDA:XAGUSD   Silver / U.S. Dollar
The commitment of trader reports is showing large commercial short positioning on Gold and Silver.
Gold in particular shows short contracts at all-time highs, this is significant for us to sell Gold on any rallies.
Looking at the Gold chart price is re-testing the double top neckline where we can look for short opportunities.
On Silver, we need to see the price for a lower high on the daily timeframe to give us a clear opportunity.
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