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RICKZERO
May 12, 2020 10:04 PM

XAGUSD PROBABLE RANGE FOR MAY 13 2020 

SILVER / U.S. DOLLARICE

Description

XAGUSD WILL PROBABLY TRADE BETWEEN 15,63 - 15,34. I HAVE A NEUTRAL BIAS NEAR TERM AND A BEARISH BIAS MID TO LONG TERM!
Comments
RICKZERO
Hello @harmvanboven this levels are not rigid, they are probabilities and they work with closed prices at the end of the day. If the price breaks the level on the close, that could mean a bull trend for silver near term. If that happens we will see higher highs and higher lows in this levels. We will see the trend evolve until it breaks again. Is it clear? Hope so. ;-)
harmvanboven
@r1ckzer0,
Thnx, thats what I am looking for. Silver bull run.
This gold/silver ratio is insane
RICKZERO
@harmvanboven, Silver gave me a Lower Low on the lower LEVEL. It means that is loosing momentum and maybe ready for a pullback. Be careful with Silver right now! Silver hates deflation. It will be a great trade in a reflation environment with all this printing! ...but not yet... ;-)
RICKZERO
@harmvanboven algos are a terrible indicator intraday...
harmvanboven
16.3
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