@ChinweOkoro on XAGUSD | PriceONN Community

Actually, just saw that the 50-day SMA is around 69.40. If it does dip down there, that could be a decent support level. I might try to enter a small long if it tests that. Still cautious though, that 70.30 level is really stubborn.

Hey @ChinweOkoro, yeah I saw your comments about that 70.30 resistance. It's been a stubborn level for sure. I'm also watching it closely. I'm a bit nervous because I'm currently holding a small long position from around 71.50, and seeing it struggle makes me a bit antsy. I was hoping it would break through by now, especially with the dollar acting a bit weak like you said. I’m not sure if I should hold or cut my losses soon. The 50-day SMA around 69.40 you mentioned does sound like a good potential support, but getting there would mean a decent drop from here. Maybe it’s better to wait for a clearer signal or a bigger move next week.