Posts Tagged bottom trend channel

Long Silver – price at bottom of trend channel

Long Silver - price at bottom of trend channel

  I'm showing the Weekly silver chart. Usually I look at the Daily charts but it's more clear on the Weekly charts this formation. The price action is actually bearish (so that's the big negative about this trade).. the trend channel is going down but I am expecting a move up to at least 3000. From here, I may take some profit as I'm expecting a move down once it reaches the either the top of the trend channel or before it. Remember, in trading, nothing is certain so we have to contr

March 11, 2013 No Comments Full Story