most analyst don't even understand the Gold and silver market
UPDATE-We are securing $2000 USD in our silver trade by trailing stop loss at $15.450, we are locking profits but at the same time, we are giving enough room to our trade to grow even further in profit.
At the time of preparing this report, gold is trading at around $1283 while white metal is trading at $15.30,we trailed our stop loss level for silver at $15.45 for the purpose of securing our profits while at the same time giving the trade enough room to grow even further.we are reporting from months that gold and silver prices have enormous room to go lower from the level they are trading at and there are numerous reasons to our short bias which we reported multiple times however we are flexible enough to change our bias if we'll find any strong reason. Precious metal sector is turning slightly bearish at least from the price perspective as we have witnessed that gold and silver prices reached to there three week lows as the bulls are running out of gas.we have also seen slight selling pressure in world stock market.The greenback and crude oil is trading lower today.
The slowing economic growth has become a concern from many traders and investors as the IMF released a report on monday which projected the world ecoomic expansion at 3.5% in 2019 which is down from their last forecast in October for 3.7% growth,Germany has also reported economic data today where we have seen that there index which projects the economy has also got weaken.The U.S-China trade war is affecting there economy in a serious manner specially chinese economy as china on monday published there growth in 2018 at 6.6% Which is surprisingly at the lowest level in 31 years.International Monetary Fund also warned about the significant declines in world economic growth -We also believe the major turning point in gold -0.37% and silver -0.35% is about to come in the coming months but before that happens it's crucial to understand that the precious metals sector hasn't made their bottom yet, there is enough room for prices to go lower before we witness a substantial rally in gold -0.37% and silver -0.35% prices
. Please note-We are preparing a long report about silver and how we can take the advantage of this lifetime opportunity to make substantial wealth which the silver market is providing us-stay tuned
Our Active position
Short Gold 0.72% -0.41% 0.32% 0.29% -0.22% -(1270)
SL: 1306
TP: 1240
Currency Pair: XAGUSD ( SILVER )
Sell Stop Entry Price:15.800
Take Profit: 14.00
Stop Loss:15.450(Trailed stop loss)
Capital Risk:2000USD(amount may vary depending on your account size and risk tolerance)
Potential Reward: 12000USD
Risk/Reward: 1:6
Currency Pair: XAUUSD ( Gold )
Sell Stop Entry Price:1290
Take Profit: 1160
Stop Loss:1320(we will reduce the stop loss points once positions will be more favorable)
Capital Risk:2000USD(amount may vary depending on your account size and risk tolerance)
Potential Reward: 8000USD
Risk/Reward: 1:4
(we can adjust (limit, close or even reverse) the position before this price level is reached)
At the time of preparing this report, gold is trading at around $1283 while white metal is trading at $15.30,we trailed our stop loss level for silver at $15.45 for the purpose of securing our profits while at the same time giving the trade enough room to grow even further.we are reporting from months that gold and silver prices have enormous room to go lower from the level they are trading at and there are numerous reasons to our short bias which we reported multiple times however we are flexible enough to change our bias if we'll find any strong reason. Precious metal sector is turning slightly bearish at least from the price perspective as we have witnessed that gold and silver prices reached to there three week lows as the bulls are running out of gas.we have also seen slight selling pressure in world stock market.The greenback and crude oil is trading lower today.
The slowing economic growth has become a concern from many traders and investors as the IMF released a report on monday which projected the world ecoomic expansion at 3.5% in 2019 which is down from their last forecast in October for 3.7% growth,Germany has also reported economic data today where we have seen that there index which projects the economy has also got weaken.The U.S-China trade war is affecting there economy in a serious manner specially chinese economy as china on monday published there growth in 2018 at 6.6% Which is surprisingly at the lowest level in 31 years.International Monetary Fund also warned about the significant declines in world economic growth -We also believe the major turning point in gold -0.37% and silver -0.35% is about to come in the coming months but before that happens it's crucial to understand that the precious metals sector hasn't made their bottom yet, there is enough room for prices to go lower before we witness a substantial rally in gold -0.37% and silver -0.35% prices
. Please note-We are preparing a long report about silver and how we can take the advantage of this lifetime opportunity to make substantial wealth which the silver market is providing us-stay tuned
Our Active position
Short Gold 0.72% -0.41% 0.32% 0.29% -0.22% -(1270)
SL: 1306
TP: 1240
Currency Pair: XAGUSD ( SILVER )
Sell Stop Entry Price:15.800
Take Profit: 14.00
Stop Loss:15.450(Trailed stop loss)
Capital Risk:2000USD(amount may vary depending on your account size and risk tolerance)
Potential Reward: 12000USD
Risk/Reward: 1:6
Currency Pair: XAUUSD ( Gold )
Sell Stop Entry Price:1290
Take Profit: 1160
Stop Loss:1320(we will reduce the stop loss points once positions will be more favorable)
Capital Risk:2000USD(amount may vary depending on your account size and risk tolerance)
Potential Reward: 8000USD
Risk/Reward: 1:4
(we can adjust (limit, close or even reverse) the position before this price level is reached)