Silver has traced a bullish uptrend signal here, we're already long as per previous publications, and also long miners. We look for a rally to emerge from here and reach our target zone close to 19-20 in the coming weeks. If not long you may jump in now, risking a drop under 17.52 or 17.345. You can also add to longs as long as reaching a total risk of 1%-2% between all positions.
Good luck!
Ivan Labrie.
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Good progress, let's see if silver can break the resistance above.
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We will trail stops up gradually, move all silver stops to 17.521.
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Time at mode target in the daily was hit, we could see a retracement here, unless the rally really has legs. You can either trail stops up to entry, and close half/75%, or only move the stop up and wait for more upside.
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If we get a dip you can add more longs with a tight stop. Keep an eye on it.
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I'm booking longs here for now, taking my chances, if we get a dip I might buy again, for now I'm flat. Last: 18.48
Trade closed manually
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It went to 18.72 after my exit at 18.48 but now is way lower.