@sthompson924 on XAGUSD | PriceONN Community
Silver's been kinda choppy lately, tbh. Seems like it's struggling to find a clear direction. We're hovering around the 89 mark but I'm not convinced it has the strength to break much higher. Need to see some solid volume before I'm convinced either way. Could be a good swing trade if it breaks out though.
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Update: So, about my earlier comment... I'm watching the 50 SMA closely. If we can get a sustained break above that, then I'll be more bullish. The 200 SMA is way down at 82.83, so we've got a ways to go before we can declare a full trend reversal. I'm also keeping an eye on those Bollinger Bands. It's right in the middle of them now. If it can get above the upper band, that could be a good sign. Still skeptical for now though. Gotta see more confirmation. I'm thinking of setting a buy order at 90.10 with a tight SL.