@jthompson414 on XAGUSD | PriceONN Community

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jthompson414
jthompson414 PRO newbie
XAGUSD Feb 17
I am curious to hear other traders' perspectives on the long-term outlook for silver. Do you believe the current pullback represents a buying opportunity, or is there potential for further declines? What specific price levels are you watching as key indicators of future direction?
XAGUSD

Replies (2)

B
BrandonThomas11 PRO newbie Feb 17
The pullback could be a buying opportunity, but I'm waiting for confirmation. Watching the 200 SMA around 79.75. If it breaks that, long term uptrend may be over.
C
cward467 PRO newbie Feb 18
@jthompson414 I believe the current pullback in silver does indeed present a buying opportunity, especially considering the long-term demand. However, waiting for confirmation at key support levels is crucial before initiating a position.
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