@jlee320 on XAGUSD | PriceONN Community

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jlee320
Is silver a safe haven right now? With all the uncertainty, I'm wondering if it's a good time to buy. I'm looking at the current price of 77.68, but I'm not sure if it's a good entry point. What do you guys think?
XAGUSD

Replies (1)

jlee320
jlee320 PRO newbie Feb 13
Update: I'm seeing that the 200-day SMA is at 81.22. That seems like a significant resistance level. If the price can't break through that, it might be a sign to stay cautious. I still think waiting for more confirmation is a good idea before committing to a long position. Just my two cents.
EURUSD 1.16091 -0.03%
GBPUSD 1.35079 -0.04%
USDJPY 156.13050 -0.07%
XAUUSD 4,402.83 -0.63%
XAGUSD 65.78 -0.59%
BTCUSD 79,665 -0.30%
SP500 6,572.87 +0.74%
BRENT 95.03 +0.82%
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