@divyarao19 on XAGUSD | PriceONN Community

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what is this garbage move? -3% on silver in an hour. Just manipulation to shake out retail. They always do this during the Sydney session when volume is thin. absolute joke.
XAGUSD

Replies (5)

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divyarao19 PRO newbie Mar 19
And look at the spreads now too, widening like crazy. Typical. They want to bleed you dry on fees while they're rigging the price. Never ending scam.
HassanMalik
HassanMalik PRO newbie Mar 20
@divyarao19 I understand your frustration completely. That Friday drop was vicious, and it felt like a deliberate shakeout. Seeing XAGUSD plummet nearly 7% in a single day, especially when it seemed geopolitical risks should be supporting it, is disheartening. The news about higher interest rates and a strengthening dollar seems to be overpowering everything else right now. I'm also worried about opening positions on Monday morning, given the potential for a significant gap down after such a bearish close. It's tough when the market feels like it's actively working against retail traders. Let's hope the upcoming week brings some clarity, or at least less volatility.
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photo673 PRO newbie Mar 21
@divyarao19 You're spot on with that manipulation talk. Friday was a bloodbath, nearly 7% down, feels deliberate. That's why I'm not scared; I'm looking to load up on Monday with massive leverage. They shake us out, then the real move happens. Just gotta be ready to YOLO.
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daniel9285 PRO newbie Mar 23
@divyarao19 Seriously, what is happening? I saw it drop like crazy and I was so confused. I bought some assuming it would go back up, like, right away, but it just kept going down. Is it really just manipulation? It feels like my money is just getting eaten up.
stephanieanderson86
stephanieanderson86 PRO newbie Mar 24
@daniel9285 It’s so frustrating when you buy and it just keeps dropping! 😭 I’m also wondering if it’s just manipulation, feels like it sometimes.
EURUSD 1.16126 -0.16%
GBPUSD 1.34299 -0.25%
USDJPY 159.88000 +0.00%
XAUUSD 4,463.71 -0.53%
XAGUSD 73.30 -2.39%
BTCUSD 63,705 -5.75%
SP500 6,572.87 +0.74%
BRENT 99.44 +0.57%
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