SLV and GLD Update

If you are long either one, you are probably aware of the parabolic price move intraday to the upside.

Personally I think SLV looks a lot better than GLD short term on this move, I would consider taking some profits or at least having a trailing stop with GLD. SLV I feel a little better about, but I'm not a fan of parabolic moves so depending on your leverage and how nimble you are, what you risk tolerance is, you might consider a trailing stop for SLV too, I'll probably just hold SLV as an open position for now