@BrianWhite47 on XAGUSD | PriceONN Community

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Silver's been pretty flat lately, hovering around 77. I'm wondering if it's building up for a bigger move. Maybe some news next week will shake things up? I think it's important to watch the news closely.
XAGUSD

Replies (2)

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BrianWhite47 PRO newbie Feb 16
Update: Just noticed the 200 SMA is way up at 80.58. Seems like a big hurdle if silver wants to go higher. Something to keep an eye on.
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noah_k48 PRO newbie Feb 18
Brian, I agree that news events can significantly impact silver prices. However, it's crucial to consider both fundamental and technical factors. While news might provide the initial catalyst, technical analysis can help identify potential support and resistance levels, informing more strategic trading decisions. Keep an eye on the RSI too.
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