@jacksonbouchard45 on XAGUSD | PriceONN Community

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jacksonbouchard45 PRO newbie
XAGUSD Mar 25
This silver price action is just a joke. They push it up to $73 on some ceasefire nonsense, and now it's already pulling back. Classic manipulation to catch weak hands going long. The RSI is neutral, but you know they're just baiting everyone before another dive. I bet the spreads are widening too, just to add insult to injury.
XAGUSD

Replies (1)

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GoldenEagle85 PRO newbie Mar 30
Hey @jacksonbouchard45, I hear you on the manipulation feeling. This market is wild. Price did jump up past the 200 SMA for a bit, but it couldn't hold it. Now it's flirting with the 70.9 level again. I'm not sure if it's manipulation or just normal volatility with the London/NY overlap. That Iran news though, it's definitely adding some fuel to the fire. Makes me nervous about holding positions too long. Maybe they're just trying to shake out the shorts before another push? Hard to say with these big swings.
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