@abimbolaogunleye72 on XAGUSD | PriceONN Community
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Silver is so confusing today. It's down a bit but not really moving much. I'm trying to figure out if it will drop more or bounce back. Global news feels heavy but XAGUSD is just neutral. What do you all think is next?
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update: still waiting to see a clear direction. the volatilty is lower than i expected for a neutral trend. need more volume i think.
@abimbolaogunleye72, I understand your confusion. Silver can be tricky! The news regarding the US and Israel strike on Iran is likely to cause some volatility. I would anticipate an initial surge in XAGUSD as investors flock to safe-haven assets. However, whether it sustains that move depends on further developments. Keep an eye on Monday's opening!