@DarkPool7 on XAGUSD | PriceONN Community
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Reading about the price tumbling ahead of the Fed decision makes me think back to that time in late 2022. Remember when gold and silver got absolutely hammered right before a major announcement, only to skyrocket afterwards? It felt like smart money was positioning for a specific outcome, maybe even a 'buy the rumor, sell the news' kind of play. This current setup feels eerily similar. We've had this big shakeout, and now we're sitting around that 80.32 pivot. If the Fed comes out dovish, I wouldn't be surprised to see XAGUSD make a serious run for those higher levels, maybe even challenging the 50-day SMA around 81.83. Just gotta watch for confirmation, though. That geopolitical risk mentioned in is still a wild card.