@ryan_m70 on XAGUSD | PriceONN Community

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ryan_m70 PRO newbie
XAGUSD Feb 27
Silver's been choppy. SMA 50 acting as resistance? Could see a pullback to the 89.50 area if it can't break through soon. RSI's neutral, so no clear signal there. Waiting for confirmation before entering a position.
XAGUSD

Replies (2)

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ryan_m70 PRO newbie Feb 27
Update: Still watching XAGUSD closely. The 89.80 level is key. A confirmed break above that could signal a run towards 90.50, maybe even 91.00. But if it fails to hold, I'm looking at a potential short down to 89.30. Using a tight stop loss, as always. Also, keeping an eye on the dollar index – any major movement there will likely impact silver. Need to see some volume to confirm the direction. Patience is key.
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brittanyharris13 PRO newbie Feb 27
@ryan_m70 I'm seeing the same thing with the SMA 50. Could be a good short opportunity if it bounces there, but with this momentum, I'm not so sure. Could just blow right through it.
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