Silver took off. I been long EDR from 3.10sh. Weekly macd is crossed up and daily is simply bullish. I am holding it till my system says so. Only trading it on monthly-weekly now. Let' see is spot silver can catch up. That will be my next trade. Even grandmas are short silver and positioning is extreme.
Just wanted to share.
Thank you and take care..
As you can see by looking at this chart, price action has been following the upwards linear regression channel. It has just bounced from trading at the bottom lin reg line and is showing several bullish indications as stated on the chart. My price target is around the upper lin reg line (green rectangle).
Trade valid until price closes below bottom lin reg line.