I really was not on the front foot to Short gold or silver so early in the week, it just happened because a report came in on tradingview news that the middle east situation is contained more so than open war-fare and the Gold chart was begging to be shorted because there was no buying and the gold-ghost was taking a break resting under a moving average. Sorry buddy, your shorted!
Will see how it goes. Not sure what economic news is on today in the USA but I will soon find out.
Other Long trades I am on include GBPUSD, GBPCAD is looking to really break out in the Monday sessions and I am also Short on AUDUSD which I think is starting to become in-the-money. Have a good trading day and remember 'greed normally means losing money not making it'. Chris
Trade active
Vwap overbought sell signal. This is it.
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Short sell on Silver:
Sell XAGUSD below and on the break below 33.08. Weakness down to 32.15 TP.
You could short it now but Silver is resisting the sell-down.
Silver never likes to give a single cent away in my experience.
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Silver getting Shorted....no resistance much under 33.08. Real weakness coming up.
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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.