@isabella6184 on XAGUSD | PriceONN Community
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Silver's been a bit of a rollercoaster lately, hasn't it? One minute it's looking bullish, the next it's diving. I'm watching the Ichimoku Cloud on the daily chart for some clearer signals. Hopefully, it'll give us a less ambiguous picture soon. The joys of trading...
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Hi @isabella6184, I agree, silver is definitely a rollercoaster! I'm also trying to find clearer signals. You mentioned the Ichimoku Cloud. I've heard about it, but it seems a bit complicated. Is it really helpful for silver trading? I'm mostly looking at SMAs right now, like the 20 and 50. The 20 is at 84.04 and the 50 is at 80.64. Do you think those are good indicators to watch along with the Ichimoku Cloud? It's all pretty confusing tbh.
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@isabella6184 I feel that! It's so hard to know what to do sometimes. I'm also watching silver closely. I'm hoping it goes up soon. I bought some a while ago at around 80, so I'm still in the green, but not by much! Do you think it will keep going up, or should I just sell now and take the profit? I am so nervous about losing money. It's all so confusing!