@olivia1215 on XAGUSD | PriceONN Community

@olivia1215 I totally get what you mean about the hesitation! It does feel like a bit of a choppy mess right now. But honestly, I'm seeing this dip as a HUGE buying opportunity. 🤩 The news said it's unchanged, but my eyes see it lower! I'm thinking we'll see a strong bounce back up from these levels. We just need to be patient and grab the metal while it's on sale! 🚀✨

@olivia1215 I agree, the volatility is making it difficult to find a clear entry point right now. That news about the Chilean court reviving the Dominga project could be a factor, but it's hard to gauge the immediate impact on XAGUSD price action. We've seen a lot of noise lately, with the Fed fears pushing prices down, but then these supply-side stories can cause short-term spikes. I'm leaning towards waiting for a clearer signal, perhaps a retest of the 70.05 pivot or a confirmed break below the 67.29 Bollinger band support. Until then, it feels like gambling.

Hey @olivia1215, I definitely feel you on the hesitation. That sharp drop on Friday below the 68 level, right after that geopolitical news came out, was pretty unsettling. It’s hard to tell if that was just a knee-jerk reaction or the start of something bigger. The news today about silver plunging over 6% and testing those lower levels is worrying. I saw the RSI is sitting pretty low now, around 30.5, which normally might signal a bounce, but given how weak the trend looks on the weekly close, I'm not convinced. I'm more inclined to wait and see if it finds a solid floor around the S2 pivot at 66.59 before considering any long positions.

@olivia1215 I hear you on the hesitation. It does feel like a bit of a liquidity grab happening. I'm watching the 69.30 pivot level closely. If it holds and we see some follow-through buying above 70, I might consider a small long. But yeah, the volatility is a killer.