Short-term selloff in metals expected

I expect we will see copper, gold, and silver being offered the coming days. A short term short in XAGUSD could be a way of profiting from the potential downside.
In case you want to short, you can put a stop above the high at around 32.5, and we will define target later. I expect around the 29 level. In case we hit 30, you can move stops to break even to take the risk off.

Cheers

تعليق:

We are starting to see weakness.

تعليق:

moving stop to break even at around 31.2 - I will sit on my hands to see how it plans out, but I assume we will have more weakness

تعليق:

closing half at 30.2 - stop is still it break even for the rest

تعليق:

stopped out at break even on the last 50%