@nicolejackson on XAGUSD | PriceONN Community

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nicolejackson
nicolejackson PRO newbie
XAGUSD Apr 20
Just adjusted my SL on that XAGUSD long to breakeven. It's sitting right at the 20 SMA on H4, which is holding for now. Seeing some decent volume come in this afternoon, so I'm cautiously optimistic this can push higher. Hoping to at least catch a move towards R1.
XAGUSD

Replies (1)

nicolejackson
nicolejackson PRO newbie Apr 20
Actually, I think the dollar strength mentioned in the news is key here. If DXY continues to climb, it's going to put more pressure on silver. Might be why we're seeing this pullback from R1 earlier. I'll be watching the 50 SMA closely if it breaks the pivot point.
EURUSD 1.16141 -0.09%
GBPUSD 1.35175 -0.04%
USDJPY 156.18500 +0.25%
XAUUSD 4,430.56 -0.95%
XAGUSD 66.26 -1.03%
BTCUSD 80,189 +0.56%
SP500 6,572.87 +0.74%
BRENT 94.20 -0.02%
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