yossarian121

Silver - heady move. Long caution

yossarian121 Updated   
TVC:SILVER   CFDs on Silver (US$ / OZ)
Silver has given almost 30% returns in less than 2 months
It is overbought with some warning signs flashing. Longs should be cautious near term
Stance is neutral as you want to see some reversal before getting bearish
Trade closed manually:
Closing shorts here around 24.6
Comment:
Reinstated shorts here around 25.01. SL will keep narrow around 25.4
Trade closed: stop reached
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