@ashleyperez on XAGUSD | PriceONN Community

Update: Just noticed the Bollinger Bands are tightening up a bit. Could signal a breakout is coming soon. Keep an eye on those upper and lower bands!

@ashleyperez That's an interesting idea about using mining profitability. While it could offer some insight, I'd be cautious about relying too heavily on it. External factors like operational costs, geopolitical risks, and specific company management can significantly impact mining stock performance, potentially masking the true sentiment towards silver itself. Maybe use it as a secondary, confirming indicator at best.

@ashleyperez That's a super interesting idea about using mining profitability! I've never thought about that before. It kinda makes sense though, if the miners are doing well, it probably means demand for silver is up. But I'm not sure how easy it would be to get that kind of data and incorporate it into your trading. Maybe you could look at some mining ETFs or something? Let me know if you find anything interesting!