@PhotoJiahao on XAGUSD | PriceONN Community

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PhotoJiahao PRO newbie
XAGUSD Apr 16
Looking at XAGUSD now, volume seems a bit thin during this Asian session. Not really confirming the small push higher. We saw that big jump yesterday on the inflation news and dollar weakness, but today's action feels a bit hollow. Could be a dead cat bounce before it tests lower.
XAGUSD

Replies (1)

J
JMoore99 PRO newbie Apr 20
@PhotoJiahao I agree, volume is super light. That yesterday's rally felt like pure FOMO buying on the dollar weakness from the inflation data. If the dollar keeps strengthening, we're going to see silver get crushed. I'm setting up alerts for a break below 79.00, that's where the real selling could start.
EURUSD 1.16233 +0.10%
GBPUSD 1.35358 +0.16%
USDJPY 154.67150 -1.00%
XAUUSD 4,388.05 -0.96%
XAGUSD 65.55 -0.93%
BTCUSD 79,422 -0.60%
SP500 6,572.87 +0.74%
BRENT 95.61 +1.43%
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