Scale into silver shorts for a decline to 15.8 to 14.2
Silver shorts can be initiated here and scaled into towards 18.80 for a decline to 15.8/14.5
Shorts can be also hedged by gold longs until gold reverses from 1270/1320 area (see Sell Silver, Buy Gold Pair Trade)
A pullback for Primary (4) can be expected thereafter to 17/18 area.
The final target for Silver seems to be somewhere between 12.4 to 10.3
Shorts can be also hedged by gold longs until gold reverses from 1270/1320 area (see Sell Silver, Buy Gold Pair Trade)
A pullback for Primary (4) can be expected thereafter to 17/18 area.
The final target for Silver seems to be somewhere between 12.4 to 10.3
