@JessicaD22 on XAGUSD | PriceONN Community

@JessicaD22, I noticed your comment about the 20 SMA on XAGUSD. I'm relatively new to this, so I was wondering how much weight you typically give to the 20 SMA as a resistance level? I see that it's currently around 75.09, and the price has been struggling to break above it. Do you think a decisive break above that level would invalidate the current bearish trend? Also, what other indicators do you usually combine with the SMA to confirm a breakout? Any insights would be greatly appreciated as I'm trying to refine my analysis skills.

@JessicaD22 I agree, a decisive break above the 20 SMA would be a good signal. However, I'd want to see strong volume to confirm the breakout.

@JessicaD22 I agree, that 77 level seems like a key area. I'm still learning about using SMAs properly, but it sounds like you're watching for a break above the 20 SMA? I'll keep an eye on that too. Maybe a breakout above 81 could be a good signal? I'm pretty new to this, so any thoughts would be awesome.