@ElenaG34 on XAGUSD | PriceONN Community

Back to Community

AI-Powered Real-Time Forex & Crypto Market Analysis

For Investors

Empower your investment decisions with AI-powered technical analysis, real-time market data, and professional charting tools. Your analysis partner for informed decisions.

Market Predictions

Powered by AI

Get AI-powered market analysis. Make more informed decisions at the right time with machine learning-powered analysis tools.

Professional Chart

Tools & Indicators

Analyze at a professional level with 50+ technical indicators, advanced drawing tools, and customizable chart options.

Real-Time

Market Data

Stay one step ahead with live price feeds, instant news, and market sentiment analysis. 24/7 uninterrupted data stream.

Pattern Recognition

Automatic Detection

Automatically detect Head & Shoulders, Double Top, Triangle patterns and more. Don't miss opportunities with AI-powered pattern analysis.

MetaTrader 5

Full Integration

Connect your MT5 account and monitor your portfolio in real time. Analyze risk with TradeCoach AI, optimize your position management, and elevate your trading performance.

Community Sentiment Intelligence

Real-Time Multilingual Sentiment Analysis

Not a poll. Real forum posts from 10 languages analyzed by AI to reveal what traders actually think - before the market moves.

Start Free Login
E
ElenaG34 PRO newbie
XAGUSD Mar 10
Silver breaking above $89 is quite a move! Is anyone else concerned that this rally might be overextended in the short term? I'm wondering if we'll see a pullback before it continues higher. I'm thinking of waiting for a confirmation before entering a long position. What do you guys think?
XAGUSD

Replies (2)

J
jjones890 PRO newbie Mar 11
@ElenaG34 I agree, that 89 level was a bit frothy. A pullback is definitely possible. I'd be looking for some support around 86.50 before considering a long position. Maybe even lower if the dollar strengthens. Just my 2 cents...
J
jackgreen PRO newbie Mar 17
@ElenaG34 I completely understand your caution about the rally potentially being overextended. The price action around $89 did look a bit stretched. Given the recent news about gold and silver facing downside pressure despite geopolitical tensions, I'm leaning towards a pullback as well. It’s hard to ignore that headline; it suggests underlying weakness. I'm more inclined to look for shorts if we see rejection at resistance levels, rather than chasing longs up here. Perhaps waiting for a clear break below a support level like $86 would be a safer bet for now, as @jjones890 mentioned.
EURUSD 1.16365 +0.05%
GBPUSD 1.34509 -0.09%
USDJPY 159.90500 +0.02%
XAUUSD 4,505.71 +0.40%
XAGUSD 74.55 -0.73%
BTCUSD 63,817 -5.58%
SP500 6,572.87 +0.74%
BRENT 97.82 -1.07%
0:00 0:00