As I noticed in previous ideas about Gold including: lower DXY, new covid variant and inflation rate makes yellow metal be a safer investment nowadays both for future contracts and holders.as consequence of correlation between Gold and Silver and some technical factors that Im gonna mention follow, I see Silver in a bullish manner.
Silver is on 100days moving average and when you look at previous times interactions we can see that it acts good like support and resistance plus Silver is on support key that makes it to have a rebound from here beside silver is on good uptrend.
don't forget the money management comment your idea.
Thank you(:
Silver is on 100days moving average and when you look at previous times interactions we can see that it acts good like support and resistance plus Silver is on support key that makes it to have a rebound from here beside silver is on good uptrend.
don't forget the money management comment your idea.
Thank you(: