YOU MISSED THE SILVER BOAT SO WHAT BUT STILL HAVE GOLD IN HAND

Update-We have taken all the profit($2000) out of the table from our silver position however keep in mind we are still heavily bearish for the precious metal sector, and we would open more short position in silver once market will present us another opportunity, Be prepared

Existing position:

Asset: XAUUSD ( GOLD )

Sell Stop Entry Price:1500

Take Profit: 1250

Stop Loss:1560(we will reduce the stop loss points once positions will be more favorable)

Capital risk:$3000(4%)

Potential Gain:$15000

Risk/Reward: 1:5