I still have pretty high hopes for a GLD and SLV trade on the long side, I think the base needed is still there, but I didn't see the reason in watching these two deteriorate and just waiting there for the stop to be hit when they made a decent amount in the few days they were open (Friday)
At the fill, this came out to be about a +8% gain on the ETF for 2.5 days. I would have much rather held it and hope to again soon.
SLV 1 min
3 min
The divergence went as far as 15 min so I figured it's a pretty decent one.
GLD
1 min
2 min
3 min
And out to the 10 min so again, it seems like it was more than just intraday selling.
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