@brittany_a67 - XAGUSD | PriceONN Topluluk
B
I was watching this YouTube channel yesterday, 'Precious Metals Insights,' and they were talking about the impact of the US Dollar Index on gold and silver. The presenter mentioned that when the DXY starts reversing, like it did recently on those Iran de-escalation hopes, it often gives precious metals a boost. He showed some charts from last year where a similar dollar drop coincided with silver moving up significantly. It made me think about whether this current sideways movement for silver is just a pause before it follows the dollar down and silver goes up. I'm still not sure how to time it properly, though. It seems so unpredictable sometimes. I hope this news about de-escalation doesn't mean silver will just tank because people aren't scared anymore.