Silver finally dropped, but I didn't hold onto my short position. Why? The first wave was shorting gold from just under 5300 and taking profit at 5000, which I posted about before.
Then I thought, since gold is so bullish, why not short silver instead? I kept the position size smaller, but the volatility is huge!
The red circle in the chart is where I shorted, and the blue circle is where I took profit. From start to finish, I only captured a decline of 86-82, and the swings nearly shook me out of my position.
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