XAGUSD - Silver Analysis
I wanted to share with you a small analysis based on the numbers I have extracted from the symbol.
Here is an image of the last two days, Wednesday and Thursday, and how the price moved in specific hour during the day.
It is a percentage value on the upper side and screenshot from the trading platform on the below.
I wanted to share this with you to see how I analyze the currencies and to find patterns during the day.
Check this analysis where we can see that the price tends to behave the same way on the same hour in a day.
What are your thoughts on this?
On some hours the price tends to move in the same direction.
For example on the London and New York trading session overlap usually the Silver price drops down.
What do you think will happen today at that hour?
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Best regards,
Frano