azizelliott

$XAGUSD - Breakout from an ending diagonal

azizelliott 업데이트됨   
OANDA:XAGUSD   은 / 미국 달러

Hi guys! 👋🏻

🔔 There is a very small gap in CFTC long and short net positions, long positions are increasing, non-reported net positions have 2x more long positions than short.

🔔 Covid19 new waves might support the new bullish for Silver and Gold.

🔔 Both metals tested their respective major support zones and Silver just broke out from the Ending Diagonal. Fear of inflation, fear of Covid19 spreading = hedging. Most known heding assets for long time are gold and silver.

✊🏻 Good luck with your trades! ✊🏻
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