@sophie3653 on XAGUSD | PriceONN Community

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S
The risk-off sentiment appears to be gaining traction across the board. I suspect this is weighing heavily on silver, as investors are likely rotating into safer asset classes. It would be prudent to exercise caution and closely monitor upcoming economic data releases for potential catalysts that could exacerbate the downward pressure on XAGUSD.
XAGUSD

Replies (1)

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nicole9535 PRO newbie Feb 26
@sophie3653 I agree about the risk-off sentiment, but silver often behaves differently than gold. It has industrial uses that can provide support even when investors are fleeing other assets. I'm watching for a potential decoupling, where silver holds its value better than other metals. Something to consider!
EURUSD 1.16205 +0.07%
GBPUSD 1.35360 +0.16%
USDJPY 154.50350 -1.11%
XAUUSD 4,405.84 -0.56%
XAGUSD 65.75 -0.63%
BTCUSD 79,331 -0.71%
SP500 6,572.87 +0.74%
BRENT 94.88 +0.66%
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