@wiseVale5 on XAGUSD | PriceONN Community
Well, that was quite a surprise to see XAGUSD dip below 79.50 so rapidly during the New York session, especially given the softer dollar from. It seems the market is really reacting strongly to the geopolitical tensions mentioned in. I'm definitely keeping a close eye on how this plays out into the European open tomorrow. Fascinating volatility!
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Actually, thinking more about that dip below 79.50, it's worth noting how quickly the bears stepped in after the initial reaction to the dollar's weakness. This suggests that underlying selling pressure is still quite significant, perhaps tied to those broader market concerns from. It’s definitely not a clear bullish setup right now, more like a battleground.