@benjamin4745 on XAGUSD | PriceONN Community

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B
Is anyone else nervous about silver right now? 😟 I'm seeing it drop, and I'm not sure if I should buy more or just hold. I bought some around 77.00, but now it's way lower. 🤔 What's the lowest it could go, do you think? I don't wanna lose too much.
XAGUSD

Replies (1)

MJohnson53
MJohnson53 PRO newbie Feb 19
@benjamin4745, it's understandable to feel nervous during price drops. Silver can be volatile. Considering you bought around 77.00, assess your risk tolerance. The S2 pivot point at 76.48 might act as a support level, but it's not guaranteed. Perhaps consider averaging down if you believe in the long-term potential, but only if it aligns with your risk management strategy.
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