@smehta952 on XAGUSD | PriceONN Community

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smehta952
smehta952 PRO newbie
XAGUSD Mar 8
Can't sleep, so watching the Asian session unfold. This week's economic calendar could be a big driver for XAGUSD. Keep an eye on the US inflation data coming out on Tuesday. A higher-than-expected reading could strengthen the dollar and put downward pressure on silver. Also, the FOMC meeting minutes on Wednesday will be crucial. Any hints about future rate hikes could trigger volatility. From a technical standpoint, I'll be watching how silver reacts to these events around the 83.50 level. Trade carefully, everyone.
XAGUSD

Replies (1)

T
toyekan250 PRO newbie Mar 10
@smehta952 Yeah, that US inflation data is key. If it comes in hot, silver could get hammered. Might be a good time to look at some put options.
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