Silver or XAU/USD hits golden cross
Updated
I am thrilled to share some exciting news - silver has just hit a golden cross!
For those unfamiliar with the term, a golden cross is a technical analysis term that occurs when the 50-day moving average exceeds the 200-day moving average. This bullish signal indicates a potential upward trend in the price of silver.
This is fantastic news for all who have closely monitored the silver market. Considering long silver and taking advantage of this upward trend is an excellent opportunity.
So, I encourage you to consider your investment strategy and add silver to your portfolio. With the golden cross in place, it's an ideal time to take advantage of this bullish signal and potentially profit from the upward trend.
For those unfamiliar with the term, a golden cross is a technical analysis term that occurs when the 50-day moving average exceeds the 200-day moving average. This bullish signal indicates a potential upward trend in the price of silver.
This is fantastic news for all who have closely monitored the silver market. Considering long silver and taking advantage of this upward trend is an excellent opportunity.
So, I encourage you to consider your investment strategy and add silver to your portfolio. With the golden cross in place, it's an ideal time to take advantage of this bullish signal and potentially profit from the upward trend.
Note
i meant to say XAG/USD not XAU
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