Silver - hitting a long term descending trendline

Hi All,

The moves in the last 2 days has been impulsive and very bullish.

We have moved into a longer term descending trendline which may cause either a sideways movement for a few days or a retrace of a greater degree..

Suggested trade:
Leave your stop at 17.43
Once you see the price above the green line and rests on it then you can add to your long. Right now be prepared for a pull back of some degree..

Be safe volatility is back and we should keep our stop well away.

Declinazione di responsabilità