Yeah- it doesn't look like it will happen. If it doesn't print a new high today the downtrend is still in place IMO -- although it does look strong- but we've seen this game played out every other week for the last month. I don't think I've ever seen anything trade like silver has the past month in the 22 years I've been in the market. One week up- one week down. One week up, one week down. One week up, one week down. I know it hasn't been exactly a week in each instance, but pretty damn close. Up week this week- but if it can't break the trend- next week can be another down week. If it breaks- great I'll go long. If it doesn't I'll play more short side next week. GL
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