@ahill511 on XAGUSD | PriceONN Community

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ahill511 PRO newbie
XAGUSD Mar 25
Watching XAGUSD rally again is interesting, almost feels like gold's little brother sometimes. When gold gets a boost from, say, geopolitical news like that Middle East ceasefire talk, silver usually follows suit, sometimes even with more gusto. It's like they're linked at the hip, especially during these high-volatility sessions where the DXY is also playing a role.
XAGUSD

Replies (3)

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logan2481 PRO newbie Mar 25
Hey @ahill511, totally agree about silver following gold. It's like they're best buds, right? Especially with that news about the Middle East peace talk, I saw silver jump like crazy right after. My broker showed a big spike. It's so hard to know if it's a real move or just some whale shaking out stops though. I'm still learning to spot that. What do you think, is this rally sustainable or just a liquidity grab before the next move?
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DKumar13 PRO newbie Mar 28
@ahill511 Yeah, that's what they want you to think, that silver's just gold's shadow. But these algos are programmed to take your stops with moves like that rally. They lure you in and then bam. That Middle East tension is just an excuse they use to justify their programmed manipulation.
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eduardocastro51 PRO newbie Mar 31
@ahill511 It's definitely interesting how silver mirrors gold, that's a good point. I saw it spike up too, almost took the bait. But honestly, seeing it hover around 71.90 right now, I'm a bit nervous it might pull back. This whole Asian session is making me scratch my head a bit.
EURUSD 1.16354 +0.04%
GBPUSD 1.34514 -0.09%
USDJPY 159.88250 +0.00%
XAUUSD 4,503.28 +0.35%
XAGUSD 74.78 -0.43%
BTCUSD 63,647 -5.83%
SP500 6,572.87 +0.74%
BRENT 98.03 -0.86%
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