Silver CFD forum
Target $40.50
7% correction i expect also moodys predicting US recession will sognificantly reduce its industrial usage over short term
Big banks are having hige naked shorts they will do anything to supress it
so lets see
also Fed governors comment putting a question mark on october rate cut
So 7-10% pullback is nothing
lets see how it plays
my sl will be a break of 50$ and closing above that only

*previously I shared
* who are all taken ? 😊

*Long Entry
*After induce LQ down side we enter
*Here's my setup

Entry Zone (Demand Area): 46.91 – 47.34
Stop Loss: 46.70
Take Profit (Target): 49.50
Bias: ✅ Bullish (trend supported by EMA 70 & EMA 200, demand zone confirmation, and breakout momentum)

it seems like dollar is bottoming for the day
SL is tight and strict as I am taking a contra bet
one can short around 4660 with sl at 46.7
if it rejected again
it will be a trade with almost negligible SL with madsive 2% push down