@ericgarcia51 on XAGUSD | PriceONN Community
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Thinking about picking up some physical gold coins lately. Anyone else have a favorite type? I've seen some nice American Eagles and Canadian Maple Leafs. Figured it might be a good idea to have some tangible assets outside of the trading platforms, just in case. Plus, they look pretty cool.
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Hey @ericgarcia51, I get the appeal of physical gold. Holding some bullion is definitely different than just numbers on a screen. I'm more focused on the trading side, but I've been watching XAGUSD all day and it's really not doing much. Honestly, this whole Iran situation is making me nervous about everything. Saw the news about gold recovering but silver seems stuck. I'm wondering if this sideways action around 73 is just consolidation before another leg down, especially if the dollar keeps strengthening like it was earlier this week. Are you seeing any specific patterns in the physical market that make you lean towards those coins right now?
Hey @ericgarcia51, I totally get the idea of holding physical assets. It's like a different kind of security when the markets are all over the place. I've seen some nice gold coins too, but honestly, my focus has been more on the XAGUSD trading. Friday's close was interesting, hovering near that 73 mark. I'm curious to see what the dollar does next week after all the hawkish Fed talk, and if that impacts silver. I haven't really looked into physical silver coins myself, but the concept of tangible wealth is definitely appealing. Maybe once I get my trading a bit more dialed in, I'll explore that side too.