Silver XAGUSD Still Has Upside Potential

FX:XAGUSD   Silver / U.S. Dollar
542 8 14
I decided to show you how to analyze a trend using a special technique I designed many years ago. If you look at this chart carefully, you will see that I label certain price levels where certain events happen and then use those points as a reference for analyzing trend.

I also have "TIME AT MODE" using the large green boxes here, which shows that Silver             has more time and more price before it exhausts itself. Gold             , meanwhile, has already reached its "Time At Mode" target, but that doesn't mean it can't rally.

Be bullish on precious metals when interest rates are negative.

Tim 9:15AM 1/22/2015 18.344 +0.229 last (It was +0.10 when I started typing, fast market)
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Look to buy at the green lines down under the current price. See 17.686 and 17.497? Those are key buyers that you can buy against.
+1 Reply
timwest timwest
Those levels were perfect to buy against!
+2 Reply
Great stuff Tim!
Mickette timwest
Too early for buying
Mickette Mickette
Tim, Thanks for the great work much appreciated

B Coleman New to Tradingview
timwest Brian Coleman
Welcome to TradingView B Coleman. Hope you love TradingView as much as we do and that you contribute whatever you can to the effort.
Nearly same target Tim
+2 Reply
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