@freedune on XAGUSD | PriceONN Community
This recent drop in XAGUSD really makes you look at the upcoming economic calendar. With the Fed decision out of the way, the focus shifts. I'm particularly watching the US PPI data later today. If that comes in hotter than expected, it could fuel stagflation fears (like we saw with the Dow Jones yesterday) and potentially strengthen the dollar further, which would be bearish for silver. Conversely, a cooler print might offer some relief and a potential short-covering rally. It's a delicate balance right now.