@michelledavis36 on XAGUSD | PriceONN Community

Seriously @sdeguzman442, I know that feeling! It’s like the market just waits for you to get in then does the opposite. That 6% drop was brutal. Hope you didn't lose too much.

Hey @michelledavis36, I see what you mean about the 20-day SMA. It does look like it’s trying to hold near 69. I’m a bit nervous though, saw that big drop on Friday and it feels like silver is still a bit shaky, especially with those higher yields around. Fingers crossed it doesn't give back all those gains.

Hey @michelledavis36, I agree that the 20-day SMA holding around 69.12 is a decent sign of short-term support. However, that sharp drop on Friday, despite the news, does make me a bit hesitant. I'm watching to see if the market sentiment shifts back to silver's safe-haven appeal or if the dollar's strength continues to pressure it. The pivot point around 70.08 will be key to watch.

Hey @michelledavis36, I agree that holding 70 is key. The volatility from Friday's drop still has me a bit spooked, but seeing it push back up is encouraging. Still watching closely though.