@samantha2010 on XAGUSD | PriceONN Community
This drop feels a bit off, doesn't it? Like when that news about Trump came out last month and XAGUSD tanked for a bit, but then it recovered quickly because the underlying trend was still strong. I'm watching to see if this 70.72 SMA holds, because if it breaks hard, then yeah, I'll get worried.
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Yeah, and also that dollar weakness seems to be fading already after the initial reaction to the news. I feel like we might see a liquidity grab below 70.50 before any real move up, if there even is one. It's just so choppy right now.