XAG - Keep an eye!Precious metals have had an ugly time within the market, when it comes to rate hikes decisions stronger dxy leading commodities to weaken further, but now we are at key areas when it comes to HT and that's interesting. As I always state HT = ST movement.
Regarding support areas of
XAG if $18 doesn't hold we head further lower to $17 and that can easily be achieved but this area of support we've tested for yrs and that's why it really matters and sure we could look at metals miner we could even look further to get the best R/R for XAUXAG to seek out further validation. I'm personally on side line for now.There has been various headlines regarding, lot of buyers when it comes to physical precious metal buying for 'inflation' hedge...
Have a great weekend
TJ
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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.