I really was not on the front foot to Short gold or silver so early in the week, it just happened because a report came in on tradingview news that the middle east situation is contained more so than open war-fare and the Gold chart was begging to be shorted because there was no buying and the gold-ghost was taking a break resting under a moving average. Sorry buddy, your shorted!
Will see how it goes. Not sure what economic news is on today in the USA but I will soon find out.
Other Long trades I am on include GBPUSD, GBPCAD is looking to really break out in the Monday sessions and I am also Short on AUDUSD which I think is starting to become in-the-money. Have a good trading day and remember 'greed normally means losing money not making it'. Chris
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Vwap overbought sell signal. This is it.
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Short sell on Silver:
Sell XAGUSD below and on the break below 33.08. Weakness down to 32.15 TP.
You could short it now but Silver is resisting the sell-down.
Silver never likes to give a single cent away in my experience.
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Silver getting Shorted....no resistance much under 33.08. Real weakness coming up.