@nicholaswalker on XAGUSD | PriceONN Community

@nicholaswalker Interesting point about the Iran situation and its potential impact. It's true that XAGUSD can be a bit more erratic than gold. While a weaker dollar often supports silver, we also need to consider the broader market sentiment and any specific supply-side news. Right now, the price is struggling to break above the 50 SMA, and the RSI is not showing strong bullish divergence. I'd be cautious about assuming a direct correlation without seeing more concrete price action confirming the dollar's influence.

@nicholaswalker I agree that the geopolitical situation is definitely a factor for XAGUSD. I'm seeing similar price action where it's trying to hold its ground despite some dollar strength. The key for me is how it handles the 78.00 level. If that breaks, then the Iran news might be less of a bullish driver than expected.