#白銀 Silver can start going long again!
Let me tell you step by step.
1. This junk from JPMorgan already closed all its short positions at the moment silver futures touched 78 at the Chicago Mercantile Exchange.
2. The CME will continue to raise the margin for gold and silver futures next week. Why? They are scared. On February 26, during the off-season for precious metals, there are 12.5 million ounces of silver to be delivered, and they are panicking with all sorts of cheap tricks.
3. Next week, let's first see if the Shanghai spot prices get pulled down by the European and American futures. If the price difference can be maintained, then of course we will firmly go long! Let those institutions pay the price! By the way, I’ll also boost my Tranfi competition score.
Remember! Entering the market now is my guarantee that my margin can hold until 70 without collapsing!
If your margin is relatively insufficient, or if you are using a higher leverage, then I would suggest waiting to see if we can start going long below the extreme point of 82. I am only using 10x leverage with 30% of my position, so no need to rush.
First, ensure you stay alive before talking about profits!
Wishing everyone a prosperous New Year!
Let me tell you step by step.
1. This junk from JPMorgan already closed all its short positions at the moment silver futures touched 78 at the Chicago Mercantile Exchange.
2. The CME will continue to raise the margin for gold and silver futures next week. Why? They are scared. On February 26, during the off-season for precious metals, there are 12.5 million ounces of silver to be delivered, and they are panicking with all sorts of cheap tricks.
3. Next week, let's first see if the Shanghai spot prices get pulled down by the European and American futures. If the price difference can be maintained, then of course we will firmly go long! Let those institutions pay the price! By the way, I’ll also boost my Tranfi competition score.
Remember! Entering the market now is my guarantee that my margin can hold until 70 without collapsing!
If your margin is relatively insufficient, or if you are using a higher leverage, then I would suggest waiting to see if we can start going long below the extreme point of 82. I am only using 10x leverage with 30% of my position, so no need to rush.
First, ensure you stay alive before talking about profits!
Wishing everyone a prosperous New Year!