cacus
Long

Same exercise with Silver

FX:XAGUSD   Silver / U.S. Dollar
Again, using past volatility in PA.
Comment: This one is getting trickier... I'm holding and waiting. Long again at 16.33
nice chart...! Any idea which direction it may take after the big drop of yesterday.....?
Reply
cacus AhmedFouad
@AhmedFouad, we could be visiting the 16 or 15.50 zone very easily. But i'd doubt about it, the rates rising is a strong support for silver and gold in the upward direction, sooner or later current divergence will be lowered and either yields will go down (which I doubt even more) or silver and gold goes up (which is my forecast in the mid term).
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