Commodities portfolio: Long XAGUSD - Bottomed at Brexit support

8 Eki 2016

It appears like we can rebuy precious metals next week, which makes a lot of sense considering China is coming back on line after a week of public holidays.
The support level held, where the rapid ascent that happened during the Brexit referendum took place, so I see this as a low risk opportunity to get long on a breakout of last session's high.
Risk a new daily low here.

Good luck!

Ivan Labrie.

10 Eki 2016

İşlem aktif

11 Eki 2016

İşlem elle kapatılmış

I don't like the action here I'm getting out and holding CEF longs for now.

11 Eki 2016

İşlem aktif

Moving back above resistance now.

13 Eki 2016

İşlem elle kapatılmış

The reaction to the current situation shows lack of interest in metals, I'm closing for a modest 0.22% profit in gold and silver.

2 Kas 2016

Not

Good I reentered right before the action started, I saved myself some cost in rollover.

2 Kas 2016

Not

And, yes, I was spot on about the turn here...hope my followers caught the trade.