@readerIsabella on XAGUSD | PriceONN Community

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readerIsabella
Okay, so silver closed the week kinda bearish but not massively? I'm thinking of setting a buy order just above 77.50 on Monday, see if it breaks that resistance. Gonna keep a close eye on it anyway, it's been a bit all over the place recently! What do you guys think?
XAGUSD

Replies (2)

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chinwe5356 PRO newbie Feb 15
That's an interesting idea @readerIsabella. Silver is quite unpredictable though. I'd personally wait for a clearer signal before entering a buy order. Good luck!
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oevans297 PRO newbie Feb 18
@readerIsabella 77.50 is a bit high imo. The 50 SMA is at 75.3. I'd be looking for resistance there first before considering a buy order that high. Might be worth waiting for a clearer breakout before committing. Silver's been choppy, as you say.
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