SLV is obviously filling the gap, it is showing positive signals as it does so which is good as it sets up a low risk long trade, in my view it's not ready yet, but perhaps by tomorrow.
I think with the $USD finding some upside soon, GLD will do the same and both will likely offer nice long swing or option trades.
We'll watch tomorrow, that may be the time, at least for SLV.
Is interest rates about to start going up?
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Yes, I know - it does not make any sense - FED is about to cut
rates...but....real world interest rates are not always what FED wants it
to be.
5 years ago
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