@avamorris80 on XAGUSD | PriceONN Community

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Wow, silver's really popped overnight! Anyone else think this move is sustainable, or is it just a temporary reaction to the news? I'm a little hesitant to jump in without seeing how it consolidates during the day. What are your thoughts on risk management with this volatility?
XAGUSD

Replies (1)

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avamorris80 PRO newbie Mar 2
Update: I'm thinking this could be a decent entry point for a small long position, but with a *very* tight stop loss. The overnight jump was significant, and the RSI is looking a little overbought. Maybe a pullback to the 93.50 area? Need to watch the US open closely.
EURUSD 1.14436 -0.13%
GBPUSD 1.34773 -0.45%
USDJPY 162.42862 +0.16%
XAUUSD 4,001.21 -1.46%
XAGUSD 56.16 -2.73%
BTCUSD 64,630 -0.53%
SP500 6,572.87 +0.74%
BRENT 83.79 -0.83%
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