@kwright929 on XAGUSD | PriceONN Community
That Friday close for XAGUSD was brutal. Just watched it get hammered all day. I didn't even trade it, just watched the price action. It's like it couldn't find any support at all. I saw some articles saying it was over 6% down in a day, which sounds insane. Makes me wonder if those big players, the whales, were just dumping it all at once. For me, personally, it just reinforces my skepticism about trying to time these big moves, especially with all the news about mining companies needing to modernize because of volatile prices. It's hard to feel confident about anything right now with silver looking this weak. I'm just glad I wasn't holding any positions.