XAGAUD - Silver, the bulls are back

2019년 11월 30일

Hey guys welcome back. This week we will be looking at silver. If your liking the charts so far show some support and give me a follow. Likes and comments are also appreciated.

Currently I have SilverAUD as a long. The reasoning? well call me crazy but last I checked inflation was running ramped. Although it has not hit the market as of yet due to the distribution of this freshly printed fiat pouring into certain assets cough* "The property market". Now with that said silver and gold has never looked more appealing. Why, because you can't print metals. This idea is Australians will look to shelter their money into another assets once a certain market started to pull back. Ta wise Silver is looking extremely bullish, as depicted on the chart. My current count has us at wave three, with wave four completing.

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