I agree with Dawgs that silver and gold are hitting the uptrend line. A break here would mean very bad things for gold and silver but I bought thinking the uptrend lines would hold.
I have wanted to be long these things on a pullback anyway and we got a nice pullback.
AUY at $9.25
AGQ at $43.90
I saw AUY traded into the 8's and wish I would have got a better entry but so be it. If they go much lower Tuesday I probably will dump them both. (I probably will set my stops right below today's lows)
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