@chloemitchell on XAGUSD | PriceONN Community
C
It's really hard to get a clear picture with all these conflicting reports about geopolitical tensions easing and then flaring up again. One minute gold is flying because of those Middle East worries, and the next it's pulling back. Silver seems to be following gold's lead, but with its own unique volatility. I remember last year when copper prices were surging, and silver barely moved. Now, with all this talk about mining projects in BC and Nevada, you'd think it would be more directly tied, but the correlation feels weak. The news about the Fed policy is also adding to the uncertainty. It’s making it tough to form any solid conviction on direction right now.