You can see the 1Hr candles from earlier this morning NY time where the squeeze was on.
I think that this Tariff' business of Donny's will include some volatile days but from my understanding & in only the past 24 hours that whole thing will actually be supportive of the Gold price and Cryptocurrency's amidst some fear sellers from time to time.
Trade active
Buying on a good pullback. You need some wiggle room buying Gold or Silver. That said, I'm not sure if Silver will pullback anytime soon.
Note
I very rarely short or gold or silver nowadays. As I some positions in Gold, I see a high probabilty setup in Silver now XAGUSD. It's been the star today as it broke Major Change in Character etc. I will buy soon from 5minute chart. Wheter it pulls back to my think white line that is the 200ema.
Note
I bought in at just shy of 32.0 Stop loss at your comfort. TP TBA.
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.