Positions as of Tuesday, June 14, 2022.
Positions as of 7 June, 2022.
Positions as of 31 May, 2022.
Positions as of 24 May, 2022.
The USDX looks to have made a false breakout. Hedge funds and retail traders get suckered into right at the top. Same idea in silver, a false breakdown where dumb money..
Positions as of 17 May, 2022
You have to set your emotions aside and discipline in these markets. Silver -- breakouts and breakdowns that occur late in a cycle do not create sustained moves. Silver's late decline makes me assume this is a bear trap.
China's "stupid" zero covid policy is set to end this week in Shanghai where a series of state-supported measures will send adrenaline back through the economy.
This is very bullish news for Silver.
Trading in the silver market is fascinatingly complex. The chart and analysis below clarify the nuances that many seemingly don’t want you to understand.
Positions as of 10 May, 2022.