FX:XAGUSD   Silver / U.S. Dollar
Wait for break, we will see some more sideways movement before a clear change in direction. Assuming gold             analysis is correct silver             will follow a similar path and will fall to Pre-Brexit levels
Nice analysis, I guess you can't win them all right! :)
Check out what I posted up today if you want to recover some of the losses ;)
Reply
As silver doesnt follow gold all the time, maybe we could continue up up and away ? or do you thnik a reversal is due any time now...?
Reply
TheConcierge DownUnder
If you check my related ideas you'll see this time gold and silver followed a similar pattern, to be honest I am not sure today, XAU market has been pretty volatile, however, It is apparent in times of crisis and uncertainty people move away from currency's to commodities, my reasoning in expecting a short position is as global markets continue to stabilize it should return to Pre-Brexit levels similarly with XAG. (However, many people/traders seem to speculate that XAG is going to see a strong uptrend)
Reply
DownUnder TheConcierge
agreed :) sometimes what we wish for gets the better of our judgement.
Reply
TheConcierge DownUnder
Definitely! Best to keep an open mind and plan out possible scenarios, then depending on how the market is moving and if its supporting either possibility X or Y provides evidence/support for possibilities and from their can make a more calculated and informed decision :)
Reply
EN English
EN English (UK)
EN English (IN)
DE Deutsch
FR Français
ES Español
IT Italiano
PL Polski
SV Svenska
TR Türkçe
RU Русский
PT Português
ID Bahasa Indonesia
MS Bahasa Melayu
TH ภาษาไทย
VI Tiếng Việt
JA 日本語
KO 한국어
ZH 简体中文
ZH 繁體中文
AR العربية
Home Stock Screener Forex Signal Finder Cryptocurrency Signal Finder Economic Calendar How It Works Chart Features House Rules Moderators Website & Broker Solutions Widgets Stock Charting Library Feature Request Blog & News FAQ Help & Wiki Twitter
Profile Profile Settings Account and Billing My Support Tickets Contact Support Ideas Published Followers Following Private Messages Chat Sign Out