Silver is collecting potential to see higher prices

17 בינו׳ 2022

XAGUSD built a double bottom in a strong support area (A and B Point) followed by the buyers did not allow the chart experiences lower prices and the chart built C point. So, the C point shows that the buyers' power is more than the sellers'. Also, XAU and XAG have a high correlation rate near 90%. Given the XAU analysis I did, the XAU correction is ending. According to this evidence, I expected that XAGUSD will see higher prices and goals .
Note: Before it touches the higher prices, It needs to correct to First Entry Point because MACD shows -RD between two top. If this scenario fails and the chart goes up, I will enter after the chart breaks Second Entry Point.

17 בינו׳ 2022

הערה

14 בפבר׳ 2022

עסקה פעילה

XAGUSD is more possible to breaks its downtrend line and continues its uptrend