Into Long with 37.5 SL. Lets see how rate cut news plays..
Behold
My Silver Log 5 replies
DDE Feed For Silver 2 replies
Hi-O Silver 0 replies
DislikedGood to see a thread on silver. Not enough people talk about it seriously. I’ve been trading XAG/USD on and off for a while, and yes, the recent volatility has been wild. Silver’s always had a tendency to overreact, especially compared to gold, and that makes it both exciting and risky. As for the spreads, I usually avoid trading it during low-liquidity hours. If I do, I use wider stops and smaller positions to account for the spread spikes. During news, I either stay out entirely or switch to a scalping setup, but only if the spread stays under...Ignored
Disliked{quote} Its good to see you trade Silver as well. I was waiting for it here but it didn't retraced like Gold. {image} I think it will reach my tp before coming to my entry pointIgnored
Disliked{quote} Yesss it is... Much more than gold. {quote} But ain't yet came to my buy zoneIgnored
Disliked{quote} I think XAG respects the correlation with DXY more than gold. You can see DXY is tanking so XAG haven't given much retrace.Ignored
Dislikedguys is there any corelation between the silver and the gold like dollar and gold??Ignored
Dollar–Gold vs. Dollar–Silver Dynamics
The Takeaway from the Thread
Curious to break down recent XAG vs XAU chart behaviors or look into statistical correlation values over different timeframes? I’ve got the tools to do that.
Disliked{quote}Based on the discussion in the Silver thread on Forex Factory, the idea of a correlation between silver and gold—similar to the relationship between gold and the US dollar (USD)—was casually brought up by a user curious about market behavior. Here’s how the surrounding page context informs that question:
Silver–Gold Correlation: What Traders Are Saying Several participants noted that while silver and gold often move in the same general direction, silver tends to be more volatile and exaggerated in its moves. For example,...
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