Cycle Trading: Looking for The Silver Lining
|After peaking in August, precious metals are still seeking out their cycle lows. As the weekly cycles stretches this is causing the status of the daily cycles to not be clear. Silver certainly gives us a clear picture to watch.
A bearish break indicates a continuation of the intermediate cycle decline. But a bullish break signals a new intermediate cycle.
Information on these pages contains forward-looking statements that involve risks and uncertainties. Markets and instruments profiled on this page are for informational purposes only and should not in any way come across as a recommendation to buy or sell in these assets. You should do your own thorough research before making any investment decisions. FXStreet does not in any way guarantee that this information is free from mistakes, errors, or material misstatements. It also does not guarantee that this information is of a timely nature. Investing in Open Markets involves a great deal of risk, including the loss of all or a portion of your investment, as well as emotional distress. All risks, losses and costs associated with investing, including total loss of principal, are your responsibility. The views and opinions expressed in this article are those of the authors and do not necessarily reflect the official policy or position of FXStreet nor its advertisers.