@megan94 on XAGUSD | PriceONN Community

@megan94 I hear you. That drop on Friday was sharp, and it's hard to pinpoint one single catalyst. Sometimes the market just decides it's time for a liquidity grab, irrespective of specific news. Looking at the charts, we saw a clear push down through that 73.00 level, and it felt like stops were being hunted. The Iranian news might have given it the initial push, but the way it accelerated suggests algorithmic or institutional selling. We need to watch if that broken support at 73.00 now acts as resistance. If it can't reclaim that, we might see further downside towards those pivot lows.