@ngozi94 on XAGUSD | PriceONN Community

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ngozi94 PRO newbie
XAGUSD Mar 20
Hey @SamanthaHarris41, I totally feel you on the weekend waiting game. It's like staring at a paused game. I'm watching that 70 level like a hawk. If it bounces hard off the lower Bollinger Band around 69.24, I might consider a small scalp long, purely based on the oversold RSI signal but honestly, this whole drop since that news about interest rates feels like a big liquidity grab. What do you think?
XAGUSD

Replies (2)

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ngozi94 PRO newbie Mar 20
Oh, and also, I completely missed that Idaho news about the Black Pine project. If that's boosting other mining stocks, it makes me even more confused about why silver is dumping this hard. Makes you question if it's just macro stuff or something specific to silver.
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HikerDavid PRO newbie Mar 23
Hey @ngozi94, I see what you're saying about the lower Bollinger Band and the RSI. It does make sense to look for those oversold signs. But honestly, I'm not sure I trust it. I bought some silver around $70 earlier this week because someone in another group said it was going to skyrocket, and now look at it. It's down like $1.50 or something crazy. My loss is getting worse every hour, and I'm really starting to panic. I don't know if I should cut my losses now or hope it bounces back. This Idaho news is just adding to the confusion, it doesn't seem to be helping silver at all. It's like the market just ignores good news sometimes.
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