Never expect. Trade what you see. So many people loose their accounts by bypassing the simple rules.

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$1200 been taken today price currently at $1206.8 - if daily close above $1208 then I see the next range between $1215-1220. Currently trading at the UTL of the 15M triangle. I would be adding more longs upon a retrace if $1200 stays supported.

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It depends which way you look at it and what type of trader you are.

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$1184 been seen overnight (UK time) - i've personally closed all my short positions and loaded longs staggering positions (short term) as from PA there should be a healthy retrace from here. If $1180 is taken out before $1200 then my view is invalid.

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$1220 to hold = another short entry for me. Ideally $1222 range would be nice but the LHs and LLs are still intact on the longer TFs.

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Thanks for the kind words Azfar. Not participating on these forums much now.

Only Gold!

Daily charts - Silver has a clear run back to $16 range over the course of the next couple of months IMO.

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$1184 will be revisited before any structural bull patterns will occur IMO. Every retrace has been an opportunity to sell. Previous down channel LTL has been used as resistance on 3 recent occasions. EOY will be below $1200 based on years current ...

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image

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Down trend lower trend line on the daily has been broken today for the first time this year. This in my view is going to go down further before a retest of $1270 and then head south over the next months (long term trading). Would post a chart but ...

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Personally, I don't know why retail traders complicate things beyond PASR. It's lock, stock and two smoking barrels. Hence why im not getting too involved on FF anymore as some of the posts and views are just exhausting.

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Im not buying, im selling dude. And these are my near term targets. PA and trend is south. Expecting usual bull retests but PA is south until shown otherwise.

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1) $1278 2) $1270 3) $1259 4) $1244 If $1280 is broken and retested.

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I hope all those buying right now are just scalping.

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If we fail to break through $1290 again today I have a feeling the way PA has reacted we may close below $1280 for the day

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Sell orders waiting at $1290 IF it gets there

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My near-term outlook has now changed from current PA breaking below $1288

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If $1288 gets a 4hr or daily close then it could head into the mid $1260s next.

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This has got to be the best first post of the year

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