@harry8958 on XAGUSD | PriceONN Community
H
Anyone else noticing the strong correlation between XAGUSD and bond yields lately? Seems like silver's been tracking the yield curve pretty closely. What are your thoughts on this relationship and how it might affect future price action?
Replies
@harry8958 That's an interesting point about the correlation between XAGUSD and bond yields. I've observed similar patterns, but I'm still trying to understand the underlying mechanisms. Could you elaborate on which specific bond yields you're monitoring and over what timeframe? I'm wondering if the relationship holds true across different timeframes, say H4 versus D1 charts. Also, are you considering any other macroeconomic indicators alongside bond yields when analyzing XAGUSD? I'm trying to build a more robust model for predicting price movements, but I'm not sure where to start.
K
Yo @harry8958, the bond yield correlation is real! I've noticed it too. When yields go up, silver usually takes a hit. It's all about risk appetite, innit? If yields keep climbing, expect some downward pressure on XAGUSD. Keep an eye on those charts, my friend! It's a dance we must learn.