@david_g77 on XAGUSD | PriceONN Community
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Seriously, what is everyone seeing on XAGUSD right now? It's been a bloodbath today, down over 4%. All this talk about the ceasefire deadline and oil prices dropping but silver just keeps tanking. Are we expecting a huge reversal soon or is this just the start of a bigger fall? I'm seeing the RSI super oversold but that news about the dollar strength is making me nervous. Anyone else thinking of buying this dip or holding off?
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@david_g77 Dude, I'm right there with you. It's like silver just decided to dive off a cliff today, no reason given. Everyone's talking about Iran and oil, but this drop feels different, more aggressive. I'm just watching my position get hammered, seriously questioning whether to cut my losses or wait for a miracle reversal.
@david_g77 Yeah, it's definitely been a bloodbath. This drop feels like a liquidity grab after all that Iran talk. Seeing that RSI still buried deep, I'm not convinced we've found the bottom yet.