Long term analysis on SILVER ( XAGUSD )
As you can see from the screen , Commodities like gold and silver they almost move along the way with each other from the start of the COMMODITIES EXCHANGE . At the moment Gold had been travelled so far even to historically high level ( Near 1800$ ) due to enormous buying of physical GOLD , SILVER had been lagged behind during recent years .
Will SILVER be rising along the way as GOLD did , or moving upward drastically during short period ?? We got no answer , coz nobody can predict market 100%.
But one thing SILVER remain high chance of running on BULL side while we may or may not sure will GOLD be going through 1800$ region.
In conclusion , SILVER will be the interesting commodities for next few years , lets watch how it plays .
Will SILVER be rising along the way as GOLD did , or moving upward drastically during short period ?? We got no answer , coz nobody can predict market 100%.
But one thing SILVER remain high chance of running on BULL side while we may or may not sure will GOLD be going through 1800$ region.
In conclusion , SILVER will be the interesting commodities for next few years , lets watch how it plays .
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