@swhite961 on XAGUSD | PriceONN Community

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swhite961 PRO newbie
XAGUSD Mar 6
This current XAGUSD setup reminds me a bit of what happened back in late 2020. We saw a similar rapid increase followed by a period of consolidation before another major breakout. The key difference then was the global economic uncertainty driving safe-haven demand. Now, it seems to be more about industrial demand and inflation fears. If the pattern holds, we could see silver testing the 86 level soon. However, I'm remaining cautious and will be monitoring news closely for any shifts in market sentiment. What do you all think?
XAGUSD

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EURUSD 1.16252 +0.03%
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USDJPY 153.36700 -0.63%
XAUUSD 4,429.34 +0.53%
XAGUSD 66.75 +0.93%
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