@JunaidN11 on XAGUSD | PriceONN Community

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J
JunaidN11 PRO newbie
XAGUSD Mar 3
Silver's dumpin hard. Anyone else think this is just a correction before another leg up? Or is this the start of something bigger? What's everyone's sentiment?
XAGUSD

Replies (1)

J
JunaidN11 PRO newbie Mar 3
Update: Looking at the charts, the 200 SMA still holding. RSI is approaching oversold territory, but not there yet. I'm thinking it might bounce around 82.00, maybe even test the S1 pivot. If it breaks below that, though, 81.40 is next. Still leaning towards a correction, but need to see how it reacts to these levels. Might consider a small long position if I see strong bullish candle around S1, but SL will be tight.
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