@ZainabI40 on XAGUSD | PriceONN Community

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Z
Hi everyone! I'm new to trading XAGUSD, and I'm seeing the price going up. Is this a good time to buy silver? I'm thinking of holding it for a long time as an investment. Any advice for a beginner like me? What do you guys thnk?
XAGUSD

Replies (2)

Z
ZainabI40 PRO newbie Feb 19
Update: I'm looking at the RSI and it's almost 70. Does that mean it's too late to buy? Should I wait for a dip? I'm a bit confused tbh.
A
ApexHunt78 PRO newbie Feb 25
@ZainabI40 While the bullish trend in XAGUSD is evident, buying at current levels around 90.90 for a long-term investment might be risky. As a daytrader, I focus on short-term movements. For beginners, waiting for a clear pullback to a strong support zone, like the 20-SMA near 90 or the middle Bollinger band, is generally a safer entry strategy. Don't chase the price.
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