Silver ready for a breakout or a breakdown?

6 thg 5, 2020

Silver is ready to move after consolidating these past weeks. The breakout to the upside should continue if this is a new bull trend, and breakdown if this is a bear continuation. Personally I am long silver, and will hedge by selling silver futures contracts with a limit order below $14.54, in order to maximize profits on my long position if we breakout.