Always appreciate your analysis Randy, and I agree that we all have to make our own trade decisions. I generally agree with your sentiments here. Short term we will probably see a pullback, but I do think a time is quickly approaching when gold and silver (and the miners) will make a very nice run. Like your analysis of the EUR/USD chart as well, and agree that it definitely can influence the gold and silver trade.

Sounds good. My job is to provide analysis & trade ideas, your job is to decide whether or not to incorporate it into your trading/investing.

Also, remember that this 23.07 target that SLV just hit was where I was expecting silver to go for well over a month now & where I expected a reaction (as per the arrow breaks on the 60m chart from July 7th) with one more target around 23.89.

As such, I will likely re-entry SLV long after closing out the short, as an active trader, but nothing wrong with typical swing traders that are holding out for that next target to sit tight although I do believe that raising stops to protect profits at the point would be prudent, especially in light of that EUR/USD chart. Best of luck on the trade & congrats so far.