XAGUSD REVERSAL FOLLOWING SILVER FUTURES? LONG!
Pinging the .38 on the 3h.
I do believe that given the state of the S&P and the American political climate, we will continue forward as money flows out of equities and into safe havens.
The horizontal lines are where we tested the 180 period MA and we look to have rejected it, for now.
Caution : Silver is notoriously manipulated by investment firms / banks / hedge funds. Shakeouts are likely on the way, be wary of the 22 zone.
Live long and profit, and best of luck.
I do believe that given the state of the S&P and the American political climate, we will continue forward as money flows out of equities and into safe havens.
The horizontal lines are where we tested the 180 period MA and we look to have rejected it, for now.
Caution : Silver is notoriously manipulated by investment firms / banks / hedge funds. Shakeouts are likely on the way, be wary of the 22 zone.
Live long and profit, and best of luck.
Penafian
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