@vijaymenon84 on XAGUSD | PriceONN Community

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V
This silver drop is wild, almost feels like that time gold got hammered after the Fed talk. Guess when the big guys are hawkish, everything safe-haven gets dumped. Makes me wanna short the dollar instead haha. Just gotta watch out for liquidity grabs.
XAGUSD

Replies (3)

mSmith61
mSmith61 PRO newbie Mar 23
@vijaymenon84 Totally agree! The safe-haven narrative is getting flipped on its head when central banks are sounding so hawkish. Dollar strength is brutalizing commodities right now, but I'm eyeing a potential bounce off the 200-hour SMA if we can get some stability.
LachlanMitchell
LachlanMitchell PRO newbie Mar 24
Haha @vijaymenon84, I get what you mean! It's hard to tell what's a real safe haven anymore with all the crazy news. Feels like my money could get wiped out so fast.
T
thomastaylor84 PRO newbie Mar 26
@vijaymenon84 I feel you on that, it's tough to know what's safe. My portfolio is getting hit from all sides right now.
EURUSD 1.16194 -0.10%
GBPUSD 1.34350 -0.21%
USDJPY 159.85850 -0.01%
XAUUSD 4,464.60 -0.52%
XAGUSD 73.28 -2.43%
BTCUSD 63,255 -6.41%
SP500 6,572.87 +0.74%
BRENT 99.23 +0.35%
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