@jwright770 on XAGUSD | PriceONN Community

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J
The recent news about the US-Iran situation is definitely adding some noise to XAGUSD. Even though WTI is struggling, you'd think silver would be reacting more strongly to geopolitical tension. But then you look at the chart, and it's just hovering around the 79-80 area. It's like the market can't decide if it wants to price in risk or not.
XAGUSD

Replies (1)

U
ugochukwuibe10 PRO newbie Mar 20
@jwright770, you're spot on about the geopolitical noise and silver's lack of reaction. It's genuinely perplexing. Usually, you'd expect XAGUSD to surge on this kind of tension, especially with the dollar showing some weakness. But the charts are telling a different story, hovering near the 72 level, way off those higher pivots. It feels like the market is either ignoring the news or pricing in something else entirely. Maybe the broader economic outlook is overshadowing the safe-haven demand for now? I'm hesitant to go long without a clearer signal, despite the potential catalyst. This could be a liquidity grab before a sharp move down, or a quiet accumulation before a breakout, but right now, it's just confusing.
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