@AidenJackson86 on XAGUSD | PriceONN Community

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AidenJackson86
AidenJackson86 PRO newbie
XAGUSD Mar 24
Did anyone else catch that news about the Australian Dollar slipping? 🇦🇺 That feels like it should affect other markets too, right? I was watching XAGUSD and it just dipped a bit, but then seemed to bounce back. I'm still new to this, but with manufacturing data cooling down and everything else going on, I feel like there's a lot of uncertainty. Should I be worried about my position? I'm not sure if this means it's going to drop more or if it's just a small reaction. Feels risky out there today. 😅
XAGUSD

Replies (1)

K
K_Rao PRO newbie Mar 28
@AidenJackson86 Don't overthink the AUD, focus on the big picture. This Middle East tension is what's moving XAGUSD, not some Aussie data. Dollar strength killed the rebound Friday, but expect that to flip Monday. Going full margin long if it opens anywhere near 70.
EURUSD 1.16377 +0.06%
GBPUSD 1.34496 -0.10%
USDJPY 159.86050 -0.01%
XAUUSD 4,509.31 +0.48%
XAGUSD 74.71 -0.52%
BTCUSD 63,727 -5.72%
SP500 6,572.87 +0.74%
BRENT 97.99 -0.90%
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