As 2022 began, the ratio was about 80, and you can see this reading is typically near a cycle low for precious metals prices. Meaning, the ratio is likely to fall and thus the silver price rise. The ratio is also 28% above its 50-year average. These facts suggest silver is more likely to rise this year than fall.
XAUUSD is formed a real-time high after a long gap.. So according to my prediction if the price resist around the value of 1800-1804 then it might be pull back as a long position till 2100. Before it has an short position in two different TP’s.
A Big move run on gold..A price action is forming bearish trend after long position resist near 1778…High risk trade but have the potential for 250 pips + to be dropped let's see how this plays out looking for sells after that 4h rejection.
Those who all not yet bought the BTC this would be right time to buy it...Price dips little bit to $33250 and then price breaks up to the target level of $54000 USD as a long term..
Hello everyone! I hope your doing great...Economically EUR is in strong portion, USD is have some weak portion...So, the EURUSD is moved out with in the accumulation area..if there is a breakout happen in the resistance line then it's move higher... if there an breakout happened and move out 2 candles then bullish trend will be occuring and lead upto an pending...
How much price of XAUXAG (Silver) might go this year of 2021? Hello guys! I hope your doing great today.This gonnah be your's one. In this article I'm going to explain the chart movement for silver! Is this real that the silver might going to hit $30 for every OZ. Literally, making us to think high. Right! How much does it going to grow up by 2021-2022 and by...
A downtrend occurs when the price of EURUSD moves or touches the value of (-0.27) and if it break the value of (-0.27) will goes upto (-0.36)FIB level and trends back to bearish movement with a sudden fall.