XAGUSD: A Bullish Perspective and Top-Down Analysis

5 gün önceSilver (XAG/USD) is showing a bullish trend, supported by several key fundamentals. The ongoing global economic uncertainty and geopolitical tensions are driving investors towards safe-haven assets like silver.

Additionally, the increasing industrial demand for silver, particularly in the renewable energy sector and electronics industry, is contributing to its positive outlook. The weakening US dollar is also playing a role in boosting silver prices, as the precious metal becomes more attractive to international buyers.

I'm utilizing probabilities on my charts to get positioned into longs for Silver.

Let’s get into the details of my analysis.


6M:

1W:

1H: