@olivialevesque58 on XAGUSD | PriceONN Community

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olivialevesque58 PRO newbie
XAGUSD Mar 25
Wow, it just shot up to 73.50! That news about the dollar must be really impacting it.
XAGUSD

Replies (2)

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voltedge481 PRO newbie Mar 26
@olivialevesque58 Yeah, that surge was wild! I saw it too. But honestly, with the way the dollar has been pushing higher lately, I'm worried that spike might have been a trap. Seems like it's already giving back some gains.
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CyclistNadia PRO newbie Mar 31
Hey @olivialevesque58, yeah that spike was crazy. I get what you're saying about the dollar, it's always a factor. But look at the chart, we're pushing past the R1 pivot. The RSI being high is a bit concerning, sure, but price action is king for now. I'm not convinced it's a trap yet, especially with how many shorts got squeezed on that move. Smart money probably loaded up on the way up. I'm watching the 75.20-75.50 zone, if that breaks clean, we could see a serious run. Just gotta be careful not to get FOMOing in if it's already too late.
EURUSD 1.16092 -0.18%
GBPUSD 1.34279 -0.26%
USDJPY 159.89850 +0.01%
XAUUSD 4,468.98 -0.42%
XAGUSD 73.18 -2.56%
BTCUSD 63,971 -5.35%
SP500 6,572.87 +0.74%
BRENT 99.91 +1.04%
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