In an unexpected turn of events, XAG/USD value has taken a significant plunge below the $32 mark. This surprising trajectory is attributed to the prevailing strategy amongst investors, commonly known as âBuy the Rumour, Sell the Newsâ. This approach originates from traders buying assets based on predictions and unconfirmed rumours and promptly selling them off when the expected news is officially announced, usually at a profit. This often results in an abrupt flux in market prices, as witnessed in the case of XAG/USD today. This article attempts to understand the possible implications of this drop and forecasts the potential future movements. Read More
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