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XAGUSD: Silver to Remain Bullish Above $18
I’ve written about gold (XAUUSD) several times in recent weeks. The consolidation between 1680 support and 1750 resistance caught my attention, given the aggressive rebound in late March and through April. Combine the gold “snap-back” with an uptrend that started in 2016 and you have a recipe for higher prices. Sure enough, gold closed above consolidation on June 22nd. The market even carved a bullish pin bar last Friday, which we discussed in Sunday’s video. Silver (XAGUSD), on the other hand, has been slower to develop. That isn’t surprising, though, since silver has historically lagged gold at the onset ... (full story)