XAG/USD "Silver vs US Dollar" Metal Market Heist Plan🌟Hi! Hola! Ola! Bonjour! Hallo!🌟
Dear Money Makers & Robbers, 🤑 💰
Based on 🔥Thief Trading style technical and fundamental analysis🔥, here is our master plan to heist the XAG/USD "Silver vs US Dollar" Metal market. Please adhere to the strategy I've outlined in the chart, which emphasizes long entry. Our aim is the high-risk Red Zone. Risky level, overbought market, consolidation, trend reversal, trap at the level where traders and bearish robbers are stronger. Be wealthy and safe trade.💪🏆🎉
Entry 📈 : You can enter a Bull trade after the MA level Breakout 30.860
however I advise placing Buy limit orders within a 15 or 30 minute timeframe. Entry from the most recent or closest low or high level should be in retest.
Stop Loss 🛑: Using the 4H period, the recent / nearest low or high level.
Goal 🎯: 32.300 (or) Escape Before the Target
Scalpers, take note 👀 : only scalp on the Long side. If you have a lot of money, you can go straight away; if not, you can join swing traders and carry out the robbery plan. Use trailing SL to safeguard your money 💰.
Fundamental Outlook 📰🗞️
Based on the fundamental analysis, I would recommend a bullish outlook for XAG/USD.
REASONS FOR BULLISH OUTLOOK
Increasing Demand: The demand for silver is increasing due to its use in various industries such as electronics, solar panels, and medical devices.
Limited Supply: The supply of silver is limited, which could lead to a shortage and drive up prices.
Inflation Hedge: Silver is often seen as a hedge against inflation, and with the current inflation rate rising, investors may turn to silver as a safe-haven asset.
Central Bank Buying: Some central banks, such as the People's Bank of China, have been buying silver in recent months, which could support prices.
Technical Analysis: The technical analysis suggests that XAG/USD is forming a bullish trend, with a rising 50-day moving average and a bullish MACD crossover.
UPCOMING NEWS AND EVENTS
Federal Reserve Meeting: The Federal Reserve is scheduled to meet on March 20, 2023, which could provide insight into future interest rate decisions and impact XAG/USD prices.
US Inflation Data: The US inflation data is scheduled to be released on March 12, 2023, which could impact XAG/USD prices if it shows a significant increase in inflation.
Silver Institute Report: The Silver Institute is scheduled to release its annual report on April 15, 2023, which could provide insight into global silver supply and demand trends...................
Trading Alert⚠️ : News Releases and Position Management 📰 🗞️ 🚫🚏
As a reminder, news releases can have a significant impact on market prices and volatility. To minimize potential losses and protect your running positions,
we recommend the following:
Avoid taking new trades during news releases
Use trailing stop-loss orders to protect your running positions and lock in profits
Please note that this is a general analysis and not personalized investment advice. It's essential to consider your own risk tolerance and market analysis before making any investment decisions.
Keep in mind that these factors can change rapidly, and it's essential to stay up-to-date with market developments and adjust your analysis accordingly.
💖Supporting our robbery plan will enable us to effortlessly make and steal money 💰💵 Tell your friends, Colleagues and family to follow, like, and share. Boost the strength of our robbery team. Every day in this market make money with ease by using the Thief Trading Style.🏆💪🤝❤️🎉🚀
I'll see you soon with another heist plan, so stay tuned 🫂