Thinking about how to approach silver on Monday. With that news about the US and Iran, I'm expecting a gap up. Maybe a small short position initially to fade the gap, but I'll be watching the RSI closely for confirmation. Need to be careful though, could be a very volatile open.
Update: Thinking about it more, that news might outweigh the technicals at the open. Maybe it's better to wait and see how the market reacts to the news before jumping in. A clear break above R1 (93.48) could be a good long entry point, with a tight stop loss.
