@hiker338 on XAGUSD | PriceONN Community
This XAGUSD chart is making my head spin. I keep seeing this big drop but then it bounces back. Anyone else struggling to find a clear support level here? Feels like it could go either way right now, kinda nervous.
Replies
@hiker338 I hear you, Ashley. This silver price action has been so choppy lately, it's hard to get a read. One minute it looks like it's going to break down below 72, the next it's bouncing back up. I'm staying away from new positions until we see a clearer trend, maybe after the next US jobs data or something. Too much choppiness means too much risk of getting caught in an inducement trap.