@HiraMirza on XAGUSD | PriceONN Community
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I've been looking at the silver charts and trying to understand the trend. It looks like it's bearish overall, but there might be some short-term opportunities. The price is below the 20, 50, and 200 SMAs, which usually indicates a downtrend. However, the RSI isn't oversold yet, so there could be more downside to come. I'm thinking of setting a sell stop order around 76.00, with a TP near the S1 pivot point at 74.38. Need to do more analysis though. What do you guys think?