@jacksonclimber on XAGUSD | PriceONN Community
Silver's current price action suggests a potential for a moderate bullish move in the short term, perhaps targeting the R1 pivot around 84.67. However, considering the proximity of the 200-day SMA at 87.49, I anticipate strong resistance at that level. Investors should exercise caution and monitor price action closely for signs of reversal. A break above 87.50 would signal a more significant bullish trend.