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S W
Membre depuis mai 2012
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Silver Has Broken Down

- Dan Dontrose - The Fundamental View

I agree. But is the author short in any way?
Lets say he is. I also think he should be very careful here as I am.
Easter holidays and likely very thin trade so I am on a breakeven stop.
I also believe there is no shortage of silver.
Silver is a monetary metal first and industrial second.

Commenté il y a 4244 jours

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Début de l'article :I’ve written recently about the important levels to watch for in silver and went so far as to state that a “breakout” day was close. It appears as though today is that breakout day but unfortunately for longs it looks like the breakout was to the downside. This could imply that prices are now going to trend downwards to test the old support or, as is often the case with silver, we may see a whipsaw move to reverse. Bottom line, confirmation on the move is needed. As I warned in another of my... Lire la suite

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