XAUXAG - Gold/Silver Ratio!
Question I get asked: Why do you look at the XAU/XAG?
Simple answer: Measuring the strength. Which metal has a greater R/R potential and that's been silver. Now personally I am much more bullish Silver since last yr march, given analysing the market of both gold and silver, which I stated this in my year ahead video outlook for 2021. (Message privately if you'd like access)
I favour Silver for buying opportunities due to adding confluence analysis the XAU/XAG ratio
I do this with currencies (E.g EURGBP), cryptocurrencies (E.g ETCBTC) and many other assets.
Key Tip: The trend is your friend, until it's broken.
Have a great day ahead.
Trade Journal
(For educational purposes, not investment advice)
Question I get asked: Why do you look at the XAU/XAG?
Simple answer: Measuring the strength. Which metal has a greater R/R potential and that's been silver. Now personally I am much more bullish Silver since last yr march, given analysing the market of both gold and silver, which I stated this in my year ahead video outlook for 2021. (Message privately if you'd like access)
I favour Silver for buying opportunities due to adding confluence analysis the XAU/XAG ratio
I do this with currencies (E.g EURGBP), cryptocurrencies (E.g ETCBTC) and many other assets.
Key Tip: The trend is your friend, until it's broken.
Have a great day ahead.
Trade Journal
(For educational purposes, not investment advice)