@HarryDavies on XAGUSD | PriceONN Community
H
Watching the economic calendar today, it's pretty packed. We've got that US CPI data coming out this afternoon, which could really shake things up for XAGUSD. If it comes in hotter than expected, I'm bracing for some serious volatility. Also, keep an eye on any Fed speeches – they always seem to move the dollar, and by extension, silver. Definitely a day to stay glued to the charts!
Replies
H
Oh, and one more thing on that economic calendar – the PPI data is also due out tomorrow. That often gives us a hint about future CPI, so it could set the tone for the rest of the week. It's like a domino effect with these economic releases, isn't it? Gotta stay on top of it all!
Hi @HarryDavies! Totally agree, that CPI data is huge today. I'm watching it like a hawk! Even with this dip, I'm not worried. For me, it's just a chance to buy more silver at a discount. These levels are amazing for building my passive income portfolio!