@siddharth1996 on XAGUSD | PriceONN Community

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S
Honestly, the sentiment feels pretty bearish right now for XAGUSD. Seeing it break below the 200 SMA is never a good sign, and that drop yesterday was brutal. Feels like a lot of fear in the market, especially with the Fed still talking tough on rates. I'm not feeling too confident about an overnight rally.
XAGUSD

Replies (1)

S
shall505 PRO newbie Mar 26
Hey @siddharth1996, I totally get what you mean about the bearish vibes. Seeing it below the 200 SMA is definitely a bit scary, and yeah, the news feels a bit shaky too. I'm kinda stuck in a position I opened earlier, and the losses are starting to look... significant 😭. Trying not to panic though!
EURUSD 1.16121 +0.14%
GBPUSD 1.34198 +0.04%
USDJPY 159.95550 -0.05%
XAUUSD 4,458.40 +0.54%
XAGUSD 72.85 +0.22%
BTCUSD 63,469 -2.37%
SP500 6,572.87 +0.74%
BRENT 98.14 -2.76%
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