News, analysis and commentary for gold traders and investors

"Be Right - Sit Tight"

Jesse Livermore
RUSSIA AMASSING TROOPS ON UKRAINIAN BORDER after UKRAINE VOWS TO TAKE CRIMEA
RUSSIA AMASSING TROOPS ON UKRAINIAN BORDER after UKRAINE VOWS TO TAKE CRIMEA
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Gold Market Wire

News, analysis and commentary for gold traders and investors

Silver Market Update

Closing Out Our Silver Scalp

August 20, 2020 - (Gold Market Wire) - Just after 8 a.m. European Times (*CET) we advised to be prepared to buy small dips for a Silver scalp. We got the move and entered, close to the trend line, and we followed through with the rally. Now, we are taking profit.

30 minute chart

The market is sluggish and thin. That makes for a good scalping opportunity, but it's not something we wish to stick with. A simple day trade - that worked out well.

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