@gabriel9014 on XAGUSD | PriceONN Community

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gabriel9014 PRO newbie
XAGUSD Mar 10
Anyone else notice how XAGUSD sometimes moves kinda like BTC? I know they're different assets, but lately I've seen them both pump and dump at similar times. Maybe it's just risk appetite in general affecting both? I'm still trying to figure out correlations, it's kinda confusing lol. Does anyone use a correlation matrix or something to track this stuff? Would be super helpful. Maybe I should start looking at gold too? Thoughts?
XAGUSD

Replies (1)

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rkumar47 PRO newbie Mar 10
@gabriel9014 Yeah, I've noticed that too. Sometimes XAGUSD and BTC seem to move in tandem, could be risk-on/risk-off sentiment affecting both, or maybe dollar weakness impacting commodities and crypto simultaneously. It's worth keeping an eye on.
EURUSD 1.16105 -0.13%
GBPUSD 1.35085 -0.11%
USDJPY 156.16000 +0.24%
XAUUSD 4,409.01 -1.43%
XAGUSD 66.06 -1.33%
BTCUSD 79,967 +0.28%
SP500 6,572.87 +0.74%
BRENT 94.83 +0.65%
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