Won't trade just because the spreads are bad.
However, being a very big sell-off on Silver and I still think it is a very good long term buy with it still reaching nowhere near its highs of 54.
Silver is approaching a potential long where you have very strong support and it also fits in with our pullback on DXY.
We have the EMA, 61.8 from the wick and very strong support. So will look to buy in at 21 towards 26 where we have the 61.8 from highs which have already reacted also could create a huge double top for sells
However, being a very big sell-off on Silver and I still think it is a very good long term buy with it still reaching nowhere near its highs of 54.
Silver is approaching a potential long where you have very strong support and it also fits in with our pullback on DXY.
We have the EMA, 61.8 from the wick and very strong support. So will look to buy in at 21 towards 26 where we have the 61.8 from highs which have already reacted also could create a huge double top for sells