@zainabibrahim94 on XAGUSD | PriceONN Community

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Z
Seriously, this XAGUSD market is wild. I was watching that Santacruz Silver news, thought there might be a bounce but it just got crushed harder. Feels like a massive liquidity grab is happening right now, sweeping all the stops below 69. This is insane, I might just go all-in long to catch the reversal.
XAGUSD

Replies (2)

A
AidenJackson PRO newbie Mar 23
Yo @zainabibrahim94, I feel you! That liquidity grab below 69 was brutal. I was watching it happen too and it looked like a total wipeout. It's insane how fast the market can move like that, especially after that big tumble yesterday. I'm not sure about going all-in long just yet, though. This volatility feels pretty dangerous right now, and the US Dollar is still strong, which usually hurts silver. Maybe wait for a clearer sign of a reversal?
G
GeorgeClark PRO newbie Mar 26
@zainabibrahim94 'Liquidity grab' is an understatement. It was a full-on stop loss hunt, mate. They pushed it down just enough to trigger everyone below 69, then it bounced a tick. Classic manipulation 101. Don't fall for that 'all-in long' nonsense, they'll just pull the rug again.
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