@ashleythomas63 on XAGUSD | PriceONN Community

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ashleythomas63
ashleythomas63 PRO newbie
XAGUSD Feb 26
Silver's been playing around the 88.80 mark for a while now. I'm seeing a potential short setup if it fails to hold above the 50-day SMA (currently at 88.81). A break below that, and we might see it test the S1 pivot around 87.60. Just an idea I'm watching; not financial advice, of course!
XAGUSD

Replies (1)

ashleythomas63
ashleythomas63 PRO newbie Feb 26
Update: If XAGUSD breaks above R1 (88.60), that short idea is off the table. A sustained move above that level could signal a push towards R2 at 88.97. I'd re-evaluate at that point and look for potential long entries instead. Always gotta adapt!
EURUSD 1.16175 -0.11%
GBPUSD 1.34279 -0.26%
USDJPY 160.01050 +0.08%
XAUUSD 4,475.27 -0.28%
XAGUSD 73.90 -1.60%
BTCUSD 64,029 -5.27%
SP500 6,572.87 +0.74%
BRENT 98.15 -0.74%
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