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bulaale1020
Aug 13, 2020 6:22 PM

Potential long Silver/USD Long

Silver/U.S. DollarFXCM

Description

What do we know? 1) we know Fed is still printing trillions of dollars to devaulate the dollar. 2)Gold recently reached new all time record. 3) Silver which usually follows the Gold, is stil half way of it's all time high ($50) in april 2011. 3) The correction of the impulse move seems completed.
All these indicate Silver/USD is headed to $50. Any correction to $24 to $26 can be used to get involved the bull run targing $50
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