Are XAGUSD going to 80?

Silver took a massive ride upwards yesterday probably on a combination of weak ISM data from USA and the Credit Suisse scare. XAGUSD rose around 8 %. The last time it did so it was the start of a massive rise of around 400 % up over 4 years. Will we see something similar this time?

In any case the instrument will probably be volatile for the rest of the week, making it an interesting case to trade on.

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