As we know since the gold standard was eliminated in 1971 by Richard Nixon, the US govt kept printing enormous sums of money in the form of debt. Basically Americans have been buying goods and services from India and China literally for free by printing infinite sums of USD. And since US govt has the sole right to print USD while USD is also the currency used for...
OANDA:XAGUSD Complex Correction in XAGUSD 240 Mins Bar (log scale)
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A pleasant bounce from 25. Heading towards the resistance again
everything explain on chart
Silver finally follows gold while breaking short-term support confluence near $26.30, which in turn drags it towards late January lows. Although oversold RSI on four-hour (4H) chart probes the metal sellers, a sustained break of the key support, coupled with the bearish MACD suggests further downside of the commodity prices. As a result, the $25.50 and the $25.00...
SHORT TERM BUY TO GET 5 TIMES LEVERAGE CAUTION: HIGH RISK
XAGUSD 1HR TIME FRAME BUY EXPECTED TARGET SHOWN IN CHART REASON FOR BUY 1.MARKET BUY TREND IN 1HR 2.FIB RETRACE 61.80% 3.MARKET AT SUPPORT