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XAGUSD is looking to catapult to ~40 very quickly
Silver / U.S. Dollar
Long
XAGUSD is looking to catapult to ~40 very quickly
By xTako
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Jun 20
3
7
7
Jun 20
XAG/XAU the key value is 13.06 that was just kissed today.
But once this level is crossed, there is only air until the next level that is way up 20% higher
If XAU crosses 2500, that is around 7% higher and XAG/XAU does a 20% premium on that, expect XAG to reach 40.
1.2*1.07*31=39.8
Supply and Demand
xTako
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