In regards to precious metals, I haven't traded them since last summer where I was too early on a trade so my caution is if trading options and buying calls/puts, please buy yourself enough time. I believe silver could retest the $13 level before heading higher. It was extremely oversold on the RSI, but the MACD cross was as clear as i'd like to see for continuing upward. I expect silver to consolidate around $13.00 and then continue upward over the next several months. I will be looking to buy calls on the SLV ETF when it is below 12.50.
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