@michael_s27 on XAGUSD | PriceONN Community

Update: Just saw a slight dip below 78.30. Could be a good entry point for a long position if it bounces back quickly. 🤔

Hey @michael_s27 yeah it's been wild! but right now silver is way above 79, like around 91. and the SMAs look pretty bullish to me, 20 is above 50 and 200. so maybe the indecision is over for now?

I feel that indecision too, @michael_s27. Silver is so volatile. I'm watching those SMAs as well, especially the 200-day. It seems like a pretty strong support level around 82.50. If it breaks below that, I'd be worried about a bigger drop. I'm also a little worried about the RSI being kind of high, around 64. Could mean it's getting overbought and might pull back soon. I'm thinking of waiting for a clearer signal before I make any big moves. Better to be safe than sorry, right?