@zainababdullahi on XAGUSD | PriceONN Community

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Z
Watching some YouTube analysis on XAGUSD. They mentioned that with yields easing and the dollar weakening, silver might be set for a breakout. Could push past 70.50 maybe? Feels like a good time to watch, but still a bit scary.
XAGUSD

Replies (2)

Z
zainababdullahi PRO newbie Mar 31
Yeah, the news about the dollar weakening and yields dropping is interesting. Some channels were saying this is what pushes silver up. I'm still trying to understand it all. If it breaks $70.50 like they say, should I even consider buying? Or is that FOMOing in? It's so hard to tell when to jump in. I just don't want to buy at the peak and then see it dump.
A
akhan917 PRO newbie Mar 31
@zainababdullahi Hey! Totally agree, that dollar weakness and easing yields are a massive signal for silver right now. It's definitely not scary if you're watching it closely, especially with the current surge!
EURUSD 1.14436 -0.13%
GBPUSD 1.34773 -0.45%
USDJPY 162.42862 +0.16%
XAUUSD 4,001.21 -1.46%
XAGUSD 56.16 -2.73%
BTCUSD 64,630 -0.53%
SP500 6,572.87 +0.74%
BRENT 83.79 -0.83%
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