Closed Silver

4:40pm local time.
Silver stayed in negative territory for most of the day, only to burst upwards 5-10 mins ago . The BB tightening seen on the30 mins chart was squeezed thru out the Asian session.  Since primary trend is own and I hv noted that trade taken earlier is a counter trend, I decided not to push my luck too far and exited with a small profit . Manually closed the position at 31.944. $10 profit or 2.3% capital gain.


Will wait for the US session before making the next decision. Gold on the 4Hr chart has touched the 200EMA level.. it's ability to cross it may indicate a technical rebound. Will hv to see if prices will be able to push thru',..otherwise, it's south bound again.

Cash balance $363/ 0 orders outstanding