A breakout is inevitable...Ive been watching this triangle that could go either way and wanted to share
2022-02-23 XAG CAD - bullish breakoutSilver looking to break Q4 2021 high.
Moving toward higher end of past 3 quarter range.
Inflecting around 200 week average.
Low risk breakout play and looking for smaller time frames to add positions for free trades.
Ideally this breakout area gets validated over next 2 to 3 weeks.
2021-06-10 XAG CAD - long4hr chart is showing a grind higher. Reverse head and shoulders.
Reverse head and shoulders has broken up not super pretty.
SILVER FOR SALE!!We can see on the weekly charts that silver has been in consolidation for months and weakening heading near a weakly low zone. As the Fed continues to print more and more money inflating the American monetary supply and deflating the dollar this could potentially be a great opportunity for investors
XAGUSD vs XAGCAD? More important than you might think.I have been looking at XAGUSD vs XAGCAD, with the theory that the relative performance of the pairs could be a signal. In this scenario, CAD should be thought of as a proxy for commodities, of which Silver is just one. The USD is acting as a measure of the wider economy, and the role Silver plays in
Lost confidence in the cad I have been stacking silver for about a year now. I believe the Canadian dollar will fall to new lows as the debt climbs and our gdp shrinks. Silver is now the rarest metal in the world due to the costs to mine it are greater than to mine it. Central banks may try to print their way out of this and
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