XAGUSD Midterm Outlook & Tracking
Hello traders. I had a midterm analysis for XAG last year, which I published here (linking below).
Consider this one as an update for 2020. Yes, I'm still holding my silver, and added even more during the last 5-6 months (since my last analysis).
The chart is self-explanatory. The only thing I should add is the meaning of that ascending sky blue line. That line is my strength "indicator" of sorts. If the price is above that line = silver is strong. Below it, it is relatively weak. But in each case, silver is in a very clear uptrend.
Consider this one as an update for 2020. Yes, I'm still holding my silver, and added even more during the last 5-6 months (since my last analysis).
The chart is self-explanatory. The only thing I should add is the meaning of that ascending sky blue line. That line is my strength "indicator" of sorts. If the price is above that line = silver is strong. Below it, it is relatively weak. But in each case, silver is in a very clear uptrend.
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