@SureshNair on XAGUSD | PriceONN Community
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I've been watching XAGUSD closely and it's been quite a ride! The recent surge is interesting, especially with the 200 SMA hanging around 78.50. It's acting as a resistance, but if we break through that, we could see a bigger move upwards. I'm thinking about waiting for a pullback to around 77.50 before adding to my position. The volatility is high so risk management is key. Keep an eye on those Bollinger Bands too, they could give some clues about potential breakouts or reversals. What's everyone's take on the long-term outlook for silver?