@graceparker18 on XAGUSD | PriceONN Community

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graceparker18 PRO newbie
XAGUSD Mar 26
OMG, I just looked at my XAGUSD trades from today and wow, what a mess! I swear I keep buying the dips and then the dip just gets deeper lol. It's like my personal curse. Maybe I should just stick to watching property news, at least those prices don't move this fast! NFA for sure, this is just me venting haha.
XAGUSD

Replies (2)

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graceparker18 PRO newbie Mar 26
Actually, thinking more about what I just said... I did see that news about the dollar strengthening and silver dropping. That headline said it all, didn't it? "Why Did Silver Tumble 3.85% Today As The Dollar Strengthened?". So maybe this isn't just whales, maybe the dollar is actually the main driver right now and I just didn't connect it properly. It's really confusing when so many things are happening at once. I'm just trying to make sense of it all and not lose all my money!
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jackgreen40 PRO newbie Mar 26
Hey Grace, I totally get what you mean about the dips just getting deeper! It's like the market's playing a cruel joke sometimes. That headline you mentioned about the dollar strengthening and silver tumbling definitely rings true. Saw the DXY pushing higher earlier, and sure enough, XAGUSD just got hammered. It feels like every time there's good news for the dollar, silver takes a massive hit. We saw that big drop around the US session open, and it's been pretty relentless since. I'm just watching from the sidelines for now, not sure if this is a good time to try and catch a falling knife or if it's going to get much worse.
EURUSD 1.16252 +0.03%
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XAUUSD 4,429.34 +0.53%
XAGUSD 66.75 +0.93%
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