Guavaxf3006
03-23 07:21
$XAG/USD(XAGUSD.FOREX)$  

Silver is Golden. It's going Up, Up. 

The fear created by the Iran war is panic sale of everything. When the calm sets in, people will realise gold and silver is where you go for protection and sustainability. Where the protection lies.


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Comments

  • Guavaxf3006
    03-24 12:25
    Guavaxf3006
    Silver and Gold Crash.


    An explanation which may explain the sell-down on Gold and Silver the last few days is because of the super-rally the last month.


    The rally brought in a lot of retail traders, many of whom had bought through leveraged borrowings. These retail traders are usually weak holders who are affected when there is a whole market sell-down.


    They would be the ones who are selling down the prices now.


    But once they have been disposed off, Gold and Silver will be back with a vengeance. I give this a few days. Maybe a week.


    Hold on and do not be forced out unnecessarily.
  • Miracles7
    03-24 12:24
    Miracles7
    Seems bearish for now :(
  • Guavaxf3006
    03-23 10:27
    Guavaxf3006
    Just follow. Won’t go wrong eventually. Look how much it bounced from this morning.
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