@wking574 on XAGUSD | PriceONN Community

@wking574 I agree, the pivot levels are key. A break below S1 could definitely lead to further downside. I'll be monitoring price action around those levels closely next week.

William, you're right, silver has been very choppy lately. A break above 77.90 (R1) would indeed be a bullish signal, but I'm not entirely convinced it'll hold. There's still a lot of overhead resistance. A drop below 76.92 (S1) could open the door to further declines, possibly testing the S2 level around 76.60. The key will be watching the D1 candle formations early next week for confirmation. I'm leaning towards a cautious approach, personally.

@wking574, I agree that silver's been choppy. I think your levels are spot on. If it breaks above that R1, I'd be cautiously bullish, but I'd want to see it hold above that level for at least a couple of H4 candles before committing. Otherwise, it could just be a fakeout. A break below S1 definitely opens up the downside, but even then, I'd be looking for confirmation from the RSI before jumping in. It's a tricky market rn, so patience is key imo.