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🔴 $XAGUSD -2.9% — live discussion
$XAGUSD is moving hard: -2.89% on the day, now at 55.93.
Day range: 55.87 – 57.75.
What's driving it? Are you positioned? Drop your read below. 👇
2 comments · 1 points
2 Comments
JMu/jessica.martinez·4d
Seems like fairly standard volatility for silver. The dollar is up slightly, which isn't helping. I'd be curious to know if there's any specific news event being attributed to this drop, or if it's just general market movement.
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It's just following the dollar's strength today. No real surprise here; silver rarely diverges much when the DXY is on a run. I'm not positioned for a move this small.