silver sterling trend line
Mis à jour
my trend line on daily silver has been great support.
we bounced off this line in multiple time frames 30, 60 and 120 minutes.
I continue to hold gold and silver longs here.
we bounced off this line in multiple time frames 30, 60 and 120 minutes.
I continue to hold gold and silver longs here.
Transaction en cours
I am looking for test of $18.00 next weekTransaction en cours
gold very strong also looking for 1,37 next weekNote
1,337 on gold next weekTransaction en cours
on the commitments :I know many are trading with the commercials. That strategy is mainly only good
on the turns.
The specs push commodities higher or lower.
This sponsorship is trend following normally daily/weekly.
sponsorship looks BULLISH to me now on the metals.
Silver the specs, commodity funds, CTA's, hedge funds and the like.
are net long about 53,000 contracts.
not long ago in April 2017 the specs were long 100,000 contracts.
the commercials are now net SHORT about 66,000 contracts
not long ago in April of 2017 the "smart Money" was short 110,000 contracts.
I am looking for another 2 to 3 weeks of saw-tooth positive action in silver to get
to extremes in the positioning.
Longs stay long.
New positions long look good to me
Transaction en cours
silver looking for 18.00 this weekTransaction en cours
add to long silver. $18.50 is the new targetTransaction en cours
stay long silver.I still see $18.00 and $18.50 possibly next week or within 2 weeks
Publications connexes
Clause de non-responsabilité
Les informations et les publications ne sont pas destinées à être, et ne constituent pas, des conseils ou des recommandations en matière de finance, d'investissement, de trading ou d'autres types de conseils fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.