Thursday 6 February 2020

Silver spot, XAG/USD

The weekly chart for spot Silver portrays the Cycle correction into 2016, beyond which is not much to shout about, so far. It would appear that Primary wave [3] is underway, but a sharp eye is needed.


The daily chart zooms in and with torchlight discovers that the silver dwarfs have been moving things about in the dark and apparently forming a few little heaps of low grade material. The pace of things is somewhat endless which has been making this a very restful investment for the older generations.
But there is some probability of another one of those little up-legs about to start.


Of course, you don't need to be a lemming in order to buy silver at these levels.





No comments:

Post a Comment