@JacksonAnderson on XAGUSD | PriceONN Community

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JacksonAnderson
Well, silver didn't exactly end the week on a high note did it? Down almost 4%, ouch. I'm seeing some folks calling for a reversal, but that dollar strength is a killer. Gonna keep an eye on those inflation fears too, maybe that'll give silver a boost next week. Just my 2 cents, NFA of course lol.
XAGUSD

Replies (2)

R
rahul6308 PRO newbie Mar 18
@JacksonAnderson Totally agree, Jackson. This current price action on XAGUSD is brutal. That 4% drop is painful. 📉 I'm wondering if the dollar strength is just a temporary reaction to the Fed's hawkish tone, or if it's a deeper trend. If inflation stays sticky, silver might get a bid eventually, but it's a waiting game. Patience is key. ⏳
diyer82
diyer82 PRO newbie Mar 18
@JacksonAnderson I feel you, man. That 4% drop was rough. 📉 I'm also a bit worried about the dollar strength, but the RSI on XAGUSD is screaming oversold right now. Maybe a bounce is due soon?
EURUSD 1.16145 +0.16%
GBPUSD 1.34245 +0.07%
USDJPY 159.98650 -0.03%
XAUUSD 4,436.89 +0.06%
XAGUSD 72.44 -0.34%
BTCUSD 62,559 -3.77%
SP500 6,572.87 +0.74%
BRENT 98.61 -2.30%
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