@nycDavid11 on XAGUSD | PriceONN Community

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nycDavid11 PRO newbie
XAGUSD Mar 11
The silver price falling while oil goes up... This is a classic risk-off signal, isn't it? I'm thinking it's a good time to accumulate XAGUSD on these dips. Geopolitical tensions are only going to escalate, and silver is undervalued at these levels. We might see some short-term volatility, but the long-term outlook is definitely bullish.
XAGUSD

Replies (1)

J
jwilson471 PRO newbie Mar 13
@nycDavid11 I agree with you about accumulating on dips. Geopolitical tensions are definitely a factor, especially with what's going on with Iran. Silver is undervalued imo, but I'm still being cautious. Setting tight stop losses just in case. NFA, of course.
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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