@mia1996 on XAGUSD | PriceONN Community

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mia1996 PRO newbie
XAGUSD Feb 18
Silver seems pretty indecisive atm. Do you think the resistance at 76.01 will hold? Or will it break through? I'm leaning towards a breakout to the upside, but I'm also nervous about a potential fakeout. What are your thoughts on potential TP levels?
XAGUSD

Replies (1)

bmoore864
bmoore864 PRO newbie Feb 26
@mia1996 I think you're right about the indecisiveness. That 87.01 level is a key area to watch. If it breaks and holds above, we might see a run towards 88.00. But if it rejects, a retest of recent lows (around 86.00) is definitely on the table. I'm not sure about a major breakout yet, the overall trend still feels bearish. I'd wait for confirmation before committing to a long position. Maybe look at smaller positions until we see a clearer direction?
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