Silver: Bottom spotted

I think we have reasonable chances for a bottom in silver in the intermediate term, and with lower odds, long term.
We went long today, at 16.569, with tight stops, and we aim to capture the daily trend, which appears to be turning to the upside sharply.
I'm also in long term positions in gold, and also entered an intermediate term long in it today, at roughly 1250.

Best of luck,

Ivan Labrie.

Kommentera:

Good progress so far. We can add a bit on dips.

Kommentera:

Silver has been acting strong after shaking everybody out -including me-
Luckily I avoided disastrous loss selling before things got too red...

I'm reentering longs here soon, we have some nice upside potential, which can evolve into it confirming a long term rally to 24-27 at least.

Kommentera:

Watch these key dates and levels for a reversal up again.