@joshua6256 on XAGUSD | PriceONN Community

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joshua6256 PRO newbie
XAGUSD Mar 26
Seriously, the market feels like it's about to blow. Everyone's talking about the gold slump due to tightening, but this silver move is just brutal. I saw some chatter earlier about silver rallying to $80, which sounds insane right now with how hard we're falling. Maybe that was just noise. My gut says we're heading lower, maybe testing those S2 pivots around 68. This whole deleveraging thing is hitting hard, and silver is just getting crushed in the process. Feels like a good time to stay on the sidelines or maybe just go full short and see what happens. The sentiment is definitely bearish, and I don't see any real buyers stepping in at these levels.
XAGUSD

Replies (1)

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sfoEvelyn34 PRO newbie Mar 31
Hey @joshua6256, that $80 chatter sounds crazy right now. I'm also not seeing any real strength to push that high. This current move feels more like a liquidity grab above the previous highs, not sustainable.
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