XAGUSD more bulls on the charts today?
Updated
Metals and crypto dont always go together... but Elon Musk kinda made sure they do at least in the current market theme!
As you probably know, Tesla is investing heavy into BTC (Bitcoin) but the report also shows that they are planning to make investments in Gold bullion, ETFs and others... price is naturally going up on that fact, but not only! - We have clear technical signs that this bullish reversal on XAUUSD and XAGUSD is legit!
We are long again here and expect more gains throughout the day!
As you probably know, Tesla is investing heavy into BTC (Bitcoin) but the report also shows that they are planning to make investments in Gold bullion, ETFs and others... price is naturally going up on that fact, but not only! - We have clear technical signs that this bullish reversal on XAUUSD and XAGUSD is legit!
We are long again here and expect more gains throughout the day!
Comment
Moving well so far, breakout looks valid. We're waiting for a higher low on the 10m charts to add a compound trade!
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.