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Well, silver's had an interesting week, hasn't it? I managed to snag a few pips on a long position mid-week, but closed it out a bit early, tbh. Should have held on a bit longer looking at Friday's close. Still, profit is profit, as they say. Let's see what next week brings, eh?
Update: Thinking about it more, that 200-day SMA up around 87.24 is still looming large. I'm cautious about getting too bullish until we see a sustained break above that level. Might be worth considering some hedges if you're long. Just a thought. Also, weekend gaps are always a worry with silver, so manage your positions accordingly. I'll be keeping an eye out for any news over the weekend that could impact the open.
