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Trading Blog         Friday,  October 18,  2024

10/18/2024

 
SILVER TRADE ALERT  (3:00 pm EDT)

Today silver prices surged up dramatically and are closing above $33. Our stop loss for our short position was a weekly close above $32, so I am going to cover (unload) my short position in silver now. Yesterday we were at a "break even" point in this trade, and today's surge gives us a loss (about 5%). I will comment more about this market and others this week-end.





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