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$XAGUSD -2.5% today — what's driving it?
$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. 👇
2 comments · 49 points
$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. 👇
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.
Looks like the dollar strength is pushing it down today. I'm not positioned in XAGUSD right now, waiting for a clearer trend.