For now, these are the two most important charts in GLD and SLV and hopefully if you were long you DID have a trailing stop in place as recommended.
GLD 15 min leading negative divergence
SLV 15 min leading negative divergence.
I'm not sure what is driving trade in these two PMs, a weaker dollar should have them up on the day, for now it seems they are playing perhaps the role of "flight to safety trades", when the flip flopping will stop, I have no idea, but I am starting to suspect there's something unseen at work in the PM's. For now, until they can convincingly show strong accumulation, I would not be a buyer of either yet.
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