@james315 on XAGUSD | PriceONN Community
Watching XAGUSD now, and it's got me thinking about how gold prices were reacting earlier this week. There was that big drop below 79 after the Fed news, and it seems like silver is following a similar pattern, but maybe with a slight lag. It's interesting how these precious metals often move in tandem, especially when major economic events are unfolding. I'm trying to see if the RSI divergence on silver is aligning with any patterns seen in gold's charts from last month.
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And that news about the U.S.-Iran situation, it definitely adds another layer of complexity to the precious metals market right now. Makes you wonder if it's going to be the primary driver short-term.