@rmoore636 on XAGUSD | PriceONN Community
R
Michael, you asked what's causing the massive sell-off in XAGUSD. I've been trying to figure that out too. It feels like it's just dropping non-stop. I did read somewhere that the US Dollar has been gaining strength lately because of tensions in the Middle East. When the dollar gets stronger, commodities like silver tend to fall because they become more expensive for people holding other currencies. It's like a domino effect. I'm really hoping it stops soon because my losses are starting to get pretty bad. I'm not sure if I should cut my losses now or wait it out. Does anyone have any advice on what to do when it drops this much?