This Trump news is making the dollar spike and silver is getting crushed. I don't know if I should cut my losses or wait. It's so hard to tell when it will stop falling.
Hi @jwright672, I saw silver getting hammered on Friday too. It's concerning when you're in a losing trade and the price just keeps pushing against you. That drop below the 50-day SMA was definitely a bearish signal. I'm not trading it over the weekend, but I'll be watching closely on Monday to see if that 72.07 support holds. If not, it could be a tough start to the week.