@JMoore99 on XAGUSD | PriceONN Community
J
It's curious how XAGUSD is really feeling the heat while copper is chugging along, even with that supply chain chatter. Normally you'd expect them to move in lockstep, so this kind of divergence suggests something else is driving silver right now. Maybe it's that whole central bank tightening narrative the news has been pushing.
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J
Yeah, that 68.50 resistance is key, but with the DXY holding strong above 99.50 because of the Middle East stuff, I don't see silver breaking through that easily without a major catalyst.
Hey @JMoore99, I hear you about the divergence with copper. It's weird. I'm also watching that 68.50 level closely, it feels like a big resistance right now. And yeah, the DXY holding firm above 99.50 because of the Middle East tension makes it tough for silver to gain ground. It feels like we need some really strong silver-specific news to break out of this range. Just hoping we don't get stopped out before that happens!