🥇XAUXAG🥈heading to strong resistance level. It's confluence of trendlines and 50% fib retracement of the initial impulse breaking the major uptrendline. I expect backtest of it and possible reversal which would be bullish for both metals.
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⚠️Disclaimer: I'm not financial advisor. This is not a financial advice. Do your own due dilingence.
Check my other stuff in related ideas.
Please like👍, comment🗣️, follow me✒️, enjoy📺!
⚠️Disclaimer: I'm not financial advisor. This is not a financial advice. Do your own due dilingence.
註釋
So the lime uptrendline has been broken and the Gold/Silver ratio dropped further down, now sitting at strong support 76-75.In the meantime as expected both metals had nice run up against USD. Both are now at strong resistances and we are getting closer and closer to the decision point what the next move gonna be. Just take a look at my XAGUSD chart:

I will revise the XAUXAG chart and will post new idea. Stay tuned...
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