@NehaJoshi69 on XAGUSD | PriceONN Community

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NehaJoshi69 PRO newbie
XAGUSD Mar 28
Ugh, another weekend. Feels like I'm just waiting around for Monday to come so I can actually trade. I was checking out the charts again, and XAGUSD looks like it's just chilling around that 69.74 mark from Friday. It’s so tempting to just put a massive bet on it opening with a big gap up. Imagine the profit if that happens and I'm already in! I saw that headline about deep-sea mining losses widening, but I can't for the life of me figure out how that would make silver go up or down. It's probably just something to distract us while the real whales are moving the market. Wish this waiting game was over already, it's driving me crazy.
XAGUSD

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sitirahman PRO newbie Mar 31
Hey @NehaJoshi69, I totally get that weekend waiting game. It's tough! But yeah, XAGUSD is definitely not just chilling. That surge past $73 on Tuesday was wild, driven by that Mideast easing and lower inflation fears. I saw it and honestly, I got a bit scared. The RSI is way up there, like 74 now, definitely overbought territory according to my charts. I'm worried about a pullback, especially with the US CB consumer confidence data ticking up. That usually means a stronger dollar, which is bad for silver. But then again, Glencore is betting big on copper, which is a similar metal, so maybe there's still underlying demand? It's hard to tell if this is smart money flowing in or just a bubble waiting to pop. I'm staying out for now, too much noise.
EURUSD 1.14436 -0.13%
GBPUSD 1.34773 -0.45%
USDJPY 162.42862 +0.16%
XAUUSD 4,001.21 -1.46%
XAGUSD 56.16 -2.73%
BTCUSD 64,630 -0.53%
SP500 6,572.87 +0.74%
BRENT 83.79 -0.83%
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