Silver FuturesShort
Short on SILVER around the 24 level
Very interesting RRR around the 24 area, especially after the Wyckoff distribution scheme visible on the weekly chart.
The expectation is that silver is going to move higher as we go into the beginning of October, new quarter and new capital flow into the market.
Then we can expect the move down as retail traders get their delayed confirmation, only to find themselves trapped and then stopped out of their positions.
The expectation is that silver is going to move higher as we go into the beginning of October, new quarter and new capital flow into the market.
Then we can expect the move down as retail traders get their delayed confirmation, only to find themselves trapped and then stopped out of their positions.
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Disclaimer
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.