@spectrax73 on XAGUSD | PriceONN Community

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spectrax73 PRO newbie
XAGUSD Mar 26
This silver market feels like it's falling apart right now. Every time it looks like it might bounce, it just dives deeper. I'm starting to get a bit worried about where the bottom is, honestly. Anyone else seeing this kind of persistent selling pressure?
XAGUSD

Replies (2)

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cking653 PRO newbie Mar 27
@spectrax73 I'm with you, man. It feels like there's no floor right now. The selling pressure is relentless. I was hoping that 67 level would hold but it's looking shaky.
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oadesina916 PRO newbie Mar 30
I'm seeing @spectrax73's concern about the downside. While the daily chart shows some bullish indicators like the RSI not being oversold, the consistent selling pressure is concerning. I've scaled back my position size on my long entries for today, only taking about half my usual risk. Better to be cautious when the trend isn't crystal clear. Still watching the 50 SMA on the H4 for potential support.
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