Short two-speaker trading commentary discussing recent drops in silver and gold. Speakers cite a trader (described as mentor to two-time world trading champion Patrick Neil Bro) who predicted the move and argue that experienced traders—using volume breakdowns to identify smart money—differ from Instagram retail traders.
While everyone is crying.
About silver and gold dropping.
There was a trader who predicted it exactly two days before. Very few people know these trader who posted it three days ago that gold was a bubble and it was time to sell. And this guy is the mentor of the two times world trading champion Patrick Neil Bro look at what he said.
That's why I can tell you what we're waiting for now. We're patient waiting for the moment when we see those large volumes starting to break down. Where were the last big buyers and then you'll see that if the market goes below that then there's a high probability that turnover will increase and then you'll have the big shot boom.
And will you look at that. That is exactly what happened and that my friend is the difference between former Wall street traders, hedge fund traders and world trading champions that use volume that are actually smart money and the Instagram retail nonsense. Peace out.
