SaxoTV

O’Hare: Why I am shorting silver

594 views
February 18, 2016 commodities, commodity, commodity trading, equities, gold, rally, saxo, saxo bank, saxo bank commodities, saxo bank group, saxo bank saxo tv, saxo bank trading, saxo bank trading floor, saxo bank tradingfloor.com, saxo capital markets, saxo tv, saxo tv saxo bank, saxo tv trading floor, saxo tv tradingfloor, saxo tv tradingfloor.com, saxobank, saxobank.com, saxotrader, saxotv, short, short selling, shorting, silver, steve ohare, steve ohare first 4 trading, stocks, stop, stop loss, target, targets, trade, trade idea, trade view, trader, traders, traders tale, traders tale saxo tv, trading, trading commodities, trading idea, tradingfloor, tradingfloor saxo bank, tradingfloor saxo tv, tradingfloor.com, tradingfloor.com saxo tv, tradingfloor.com trade ideas, tradingfloorcom
Steve O’Hare believes a rally in equities will continue and put silver under pressure, which is why he is looking to short the precious metal.

O’Hare says an evening star formation has appeared on charts, where also a bearish flag looks to forming, which is part of a possible head and shoulders formation. O’Hare says he will sell at USD 15.00 and his targets for the trader are USD 14.30, USD 14.00 and USD 13.63 with a stop at USD 15.25.