$XAGUSD - Breakout from an ending diagonal
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Hi guys! 👋🏻
đź”” There is a very small gap in CFTC long and short net positions, long positions are increasing, non-reported net positions have 2x more long positions than short.
đź”” Covid19 new waves might support the new bullish for Silver and Gold.
đź”” Both metals tested their respective major support zones and Silver just broke out from the Ending Diagonal. Fear of inflation, fear of Covid19 spreading = hedging. Most known heding assets for long time are gold and silver.
✊🏻 Good luck with your trades! ✊🏻
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