XAG/USD (silver against the US dollar) for such a large move, like 10,000 pips, is extremely difficult and speculative. Typically, XAG/USD moves in a range of a few hundred pips per day or week, depending on market conditions, and 10,000 pips would represent a massive shift in price—around a $1000 move for a single ounce of silver. This would require significant shifts in macroeconomic factors, like a major crisis, large central bank decisions, or substantial shifts in inflation and monetary policies.
While it's possible to forecast trends and movements over time, the precise magnitude of such a large move is highly unpredictable. Traders often use technical analysis (charts, indicators) and fundamental analysis (economic data, geopolitical events) to guide their expectations, but large moves like that would likely need an extraordinary catalyst.
Are you looking for a specific prediction or just general guidance on XAG/USD's future movements? I could help with technical patterns or relevant market factors affecting the silver market.
While it's possible to forecast trends and movements over time, the precise magnitude of such a large move is highly unpredictable. Traders often use technical analysis (charts, indicators) and fundamental analysis (economic data, geopolitical events) to guide their expectations, but large moves like that would likely need an extraordinary catalyst.
Are you looking for a specific prediction or just general guidance on XAG/USD's future movements? I could help with technical patterns or relevant market factors affecting the silver market.
Trade closed: target reached
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.
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.