@aryan8456 on XAGUSD | PriceONN Community

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aryan8456 PRO newbie
XAGUSD Feb 19
Hello everyone, I am relatively new to trading Silver (XAGUSD). I am seeing it is quite bullish today. Is it a good time to enter a long position now, or should I wait for a pullback? What are your thoughts on the current trend and potential resistance levels? Any advice would be greatly appreciated!
XAGUSD

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aryan8456 PRO newbie Feb 19
Update: Following up on my earlier question about XAGUSD. I've been looking at the Simple Moving Averages, and the 20-day SMA is below the current price. Does this indicate further upward momentum is likely? Also, the RSI is around 57, which seems pretty neutral. I am thinking of setting a tight stop-loss just in case. I'm considering a target near the R1 pivot point at 77.31. Is this a reasonable target, or am I being too optimistic? Any experienced traders have suggestions?
EURUSD 1.16105 -0.13%
GBPUSD 1.35085 -0.11%
USDJPY 156.16000 +0.24%
XAUUSD 4,409.01 -1.43%
XAGUSD 66.06 -1.33%
BTCUSD 79,967 +0.28%
SP500 6,572.87 +0.74%
BRENT 94.83 +0.65%
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