@harry1239 on XAGUSD | PriceONN Community
H
Just finished watching a rundown on YouTube about the recent silver moves. The analyst was talking about how the Middle East ceasefire hopes seemed to give XAGUSD a nice boost, pushing it past that $73 level. He also mentioned some talk about potential US-Iran talks influencing gold, and by extension, silver. Interesting how global sentiment can shift things so quickly. It's definitely made things choppy.
Replies
Hi @harry1239, that analyst you watched is spot on. The geopolitical undertones have been a significant driver for silver recently. We saw a solid push through the 73 mark, and with the news about potential talks, it’s creating a very bullish sentiment. I'm watching the R1 pivot at 75.12 closely now, expecting some consolidation before the next leg up.