Just as usual I'm going to make this short and precise … LETS START SHORTING SILVER LIGHTLY using proper RR MANAGEMENT ( SELL>XAGUSD( SILVER ))
SELL @ $ 21.50 AIMING $ 20 .00 AND FURTHER DOWNWARDS ***** SELL @ $ 21.00 AIMING $ 20.00 AND FURTHER DOWNWARDS ***
this is a correction from the analysis we shared a couple weeks ago when we were buying silver .But that has changed.
Just as we all have seen across the board the dollar gaining artificial strength over a basket of FOREX pairs and commodities WEIGHED AGAINIST IT due to the HAWKISH stance the fed is taking on increasing interest rates. As speculators we ought to follow where the SMART MONEY is going to make money .And right at the moment according to our magic line strategy we need to start selling silver LIGHTLY for NOW. AT THE PRICES MENTIONED ABOVE
FOR ALL THOSE THAT ARE GOING TO TAKE THIS TRADE REMEMBER TOMORROW IS NFP AND THE MARKET WILL BE VOLATILE ..TO SOME PLEASE DONT TRADE TILL MONDAY ..BUT IF THE US CONTINUE TO POST STRONG JOBS CLAIMS THEN SURELY YOU WILL SEE THE MARKET GOING DOWN BEFORE END OF DAY TOMORROW BUT IF THE US post weak JOBS THAN EXPECTED THE MARKET MIGHT BUY TO OUR LIMIT ORDER RIGHT AT $21.50
WILL BE UPDATING YOU ON HOW TO TRADE NEXT WEEK .....
Remember always trade with the trend until proved otherwise
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