Silver XAGUSD Still Has Upside Potential
I decided to show you how to analyze a trend using a special technique I designed many years ago. If you look at this chart carefully, you will see that I label certain price levels where certain events happen and then use those points as a reference for analyzing trend.
I also have "TIME AT MODE" using the large green boxes here, which shows that Silver has more time and more price before it exhausts itself. Gold, meanwhile, has already reached its "Time At Mode" target, but that doesn't mean it can't rally.
Be bullish on precious metals when interest rates are negative.
Tim 9:15AM 1/22/2015 18.344 +0.229 last (It was +0.10 when I started typing, fast market)
I also have "TIME AT MODE" using the large green boxes here, which shows that Silver has more time and more price before it exhausts itself. Gold, meanwhile, has already reached its "Time At Mode" target, but that doesn't mean it can't rally.
Be bullish on precious metals when interest rates are negative.
Tim 9:15AM 1/22/2015 18.344 +0.229 last (It was +0.10 when I started typing, fast market)
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