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.....?
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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