@siddharth5595 on XAGUSD | PriceONN Community

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siddharth5595 PRO newbie
XAGUSD Mar 9
Is anyone else concerned about that 200 SMA up at 86.81? It seems like a pretty significant resistance level for silver. I'm wondering if the current bullish trend will have enough momentum to break through it, or if we'll see a pullback before then. Maybe I should reduce my position size just in case.
XAGUSD

Replies (1)

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ZainabM78 PRO newbie Mar 9
@siddharth5595 that 200 SMA is def something to watch, but silver's been on a tear lately. RSI is pretty high, but still got room to run imo. i'm more worried about news from the middle east pushing dollar up. maybe scale out some of your position before going to bed? or move SL to breakeven. that's what i would do. i'm scalping with high leverage so i'm always extra careful. the way silver is reacting to the usd, i'm thinking there is more upside. but who knows, right? 🤷‍♀️
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