Caution is warranted when scalping in a bearish environment. Layering large long-term positions is not recommended at this time.
Do not be fooled into complacency because news cycle volatility is unprecedented and the price action can quickly break up or down.
The trend is leaning towards bearish with pandemic fears reemerging and governments reimposing localized lockdowns and restrictions.
The potential for a heated bull-run in gold and silver is just around the corner.