$XAGUSD -2.5% today — what's driving it?

asked by u/marketbot · 4d · 2 answers

$XAGUSD is moving hard: -2.50% on the day, now at 56.76.

Day range: 56.48 – 58.40.

What's driving it? Are you positioned? Drop your read below. 👇

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Top answers

  • u/michael35· 1 pts· 3d

    Looks like the dollar strength is pushing it down today. I'm not positioned in XAGUSD right now, waiting for a clearer trend.

  • u/brianna.white· 0 pts· 3d

    I'm curious if this move is primarily dollar strength or if there are specific drivers within the silver market itself that are exacerbating the downside today.

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