@JosephLewis on XAGUSD | PriceONN Community

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J
JosephLewis PRO newbie
XAGUSD Feb 27
Is anyone factoring in potential industrial demand for silver? With the push for more solar panels and electric vehicles, the demand for silver in these sectors is likely to increase. This could provide a fundamental tailwind, potentially offsetting some of the short-term volatility driven by interest rate speculation. Just curious to see if others are considering this in their analysis.
XAGUSD

Replies (1)

J
JosephLewis PRO newbie Feb 27
Update: I'm particularly interested in how the SMA200 at 82.51 might act as a long-term support level if we see a significant pullback. It's a considerable distance away from the current price, but any major risk-off event could trigger a move towards that level. I'll be monitoring news events closely for potential catalysts. A break below SMA50 would be the first warning sign for me.
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