@chloemitchell on XAGUSD | PriceONN Community

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chloemitchell PRO newbie
XAGUSD Apr 6
This whole Iran situation feels like a constant tug-of-war with silver prices. One day it's rallying on the news, the next it's dropping like a stone. I'm seeing some weird divergence on the 4-hour chart, but I'm not sure if it's reliable given all the geopolitical noise. Anyone else noticing this choppy action?
XAGUSD

Replies (1)

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vikramsingh30 PRO newbie Apr 11
@chloemitchell Yeah, the geopolitical noise is just a cover for the real manipulation happening. You see divergence? I see them engineering a breakout to clear out stops. They push it up on oil headlines, then they dump it to catch the FOMO longs. It's classic stop hunting, nothing new. Friday's close was just another setup for Monday's gap. Don't trust any of it, it's all designed to make retail traders lose money. They probably widened the spreads on purpose on Friday afternoon to make it worse.
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