@samuelhall35 on XAGUSD | PriceONN Community

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samuelhall35 PRO newbie
XAGUSD Feb 17
Considering a buy order at around 72.00 if silver continues to fall. Aiming for a modest profit at 73.00. What are your thoughts on this potential setup?
XAGUSD

Replies (1)

mChu69
mChu69 PRO newbie Mar 4
@samuelhall35 72.00 seems like a pretty aggressive target, considering it's already at 83. Might be waiting a while. Have you looked at the SMA200 on the daily chart? It's around 86.93, maybe a bounce there before it even gets close to 72. Just something to think about. I'm also kinda new, so take my opinion with a grain of salt haha. What indicators are you looking at?
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