@BrittanyWilson11 on XAGUSD | PriceONN Community
Anyone else noticing how silver often mirrors gold's moves but with extra volatility? Esp during NY session. I've been burned before trying to trade XAGUSD like it's a slower asset. Gotta account for those sudden spikes. Just a heads up!
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oh and speaking of spikes, watch out for news catalysts like the BoE announcement. those can trigger some crazy moves in silver. good or bad
Hey @BrittanyWilson11, totally agree on the volatility. XAGUSD is definitely not for the faint-hearted, especially when news hits. That mention of, the Fed's policy statement, is key here. We're seeing a bit of caution across the board, which is understandable given the uncertainty. I'm watching for a potential FVG below 79.80 if we get some bearish momentum, but the geopolitical news could easily flip sentiment too. It's a balancing act between macro and current events.
Hey @BrittanyWilson11, totally agree! The volatility is insane. Saw that headline about silver tumbling despite weaker dollar, crazy stuff. Makes me nervous watching it.