FX:XAGUSD   Silver / U.S. Dollar
Watch for the Breakout

Disclaimer: This is my trading opinion; it is neither recommendation nor invitation to trade.
The major leak in your analysis is that you are not considering the influence of the short term strench in EURUSD on the demande for XAGUSD.

So you are completely disregarding the increased demand for Silver against dollar, because of a weaker dollar. And here it is just short term, this trend should revert when the EURUSD starts falling again at and it will be difficult to extract value from the XAGUSD trade as the rising USD puts pressure on the demand for US silver.
Reply
EN English (UK)
EN English
EN English (IN)
DE Deutsch
FR Français
ES Español
IT Italiano
PL Polski
SV Svenska
TR Türkçe
RU Русский
PT Português
ID Bahasa Indonesia
MS Bahasa Melayu
TH ภาษาไทย
VI Tiếng Việt
JA 日本語
KO 한국어
ZH 简体中文
ZH 繁體中文
AR العربية
HE עברית
Home Stock Screener Forex Screener Crypto Screener Economic Calendar How It Works Chart Features House Rules Moderators Website & Broker Solutions Widgets Stock Charting Library Feature Request Blog & News FAQ Help & Wiki Twitter
Profile Profile Settings Account and Billing My Support Tickets Contact Support Ideas Published Followers Following Private Messages Chat Sign Out