GrizzlyBearBee

XAG still holding up well

FX_IDC:XAGUSD   Perak / Dollar A.S.
Silver is still holding up the 2011 to 2012 pivot lows support - a time when the price of silver was higher than now. While many traders are of the consensus that XAG is heading for the ATH by 2021, the risk sentiment on US equity markets might force investors to park their monies in the USD. Might spell trouble for GC1! and SI1! if investors don't consider them as value stores.

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