Similar pattern to the analysis just drafted on GOLD, applies to SILVER, where we have seen chart patterns being highly correlated to xau movements, combined to a significant increase of physical delivery between the major players.
We will play on silver with same logic: very tight stop, in correspondence of today lows and TP level at 28. SL will be moved higher to protect profits.
We will obviously take in consideration FED pressconference, if the trade is still open, to manage the risk during news time.
We will play on silver with same logic: very tight stop, in correspondence of today lows and TP level at 28. SL will be moved higher to protect profits.
We will obviously take in consideration FED pressconference, if the trade is still open, to manage the risk during news time.
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