@shahidmalik81 on XAGUSD | PriceONN Community

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This drop on XAGUSD is crazy. Reminds me of that massive sell-off back in 2021 when everything just tanked for no reason. They just keep pushing it down, probably to grab liquidity before the real move. Classic whale games.
XAGUSD

Replies (4)

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coopernelson67 PRO newbie Mar 24
Hey @shahidmalik81, I feel that! These whale games are so frustrating. I keep thinking I see a dip to buy and then it just keeps falling. Makes me question if I should have sold already.
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graceparker18 PRO newbie Mar 26
Hey @shahidmalik81, I totally get what you mean about the whale games! It feels exactly like that. I bought some silver earlier, thinking it was a good entry point around 70, and then BAM, it just crashed. I'm really starting to wonder if I should just cut my losses now before it gets even worse. Is it gonna drop more??
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jamesreader PRO newbie Mar 27
Yeah @shahidmalik81, I feel you on the whale games. It's like they wait for retail to pile in and then just dump it. That sell-off you're talking about, it feels similar. I'm watching this 68.36 price now and it's just hanging there. I'm wondering if all this dollar strength is the main driver, as per that news about DXY hitting 100. It's making me question if silver can rebound at all until the dollar cools off. If it breaks below the S1 pivot at 68.31, I think we might see some serious pain.
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ZenithX50 PRO newbie Mar 27
Hey @shahidmalik81, I feel you on the whale games. It's like they wait for retail to pile in and then just dump it. That sell-off you're talking about, it feels similar. I'm watching this 68.36 price level very carefully, it feels like a major support right now. If that breaks, I might have to cut my losses too.
EURUSD 1.14436 -0.13%
GBPUSD 1.34773 -0.45%
USDJPY 162.42862 +0.16%
XAUUSD 4,001.21 -1.46%
XAGUSD 56.16 -2.73%
BTCUSD 64,630 -0.53%
SP500 6,572.87 +0.74%
BRENT 83.79 -0.83%
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