@RareTide43 on XAGUSD | PriceONN Community
R
Wow, silver is really pulling back today. It's down over 2% which is a pretty big move for me to watch. I'm looking at the RSI at 37.9 and it's bearish, but it's not super low yet. I'm trying to figure out if this drop is going to continue or if we'll see some support around the 87.06 Bollinger band.
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R
update: I'm also seeing the price is below the 20 and 50 SMAs, which usually means more downside, right? It's just so hard to tell if this is a temporary dip or if it's going to head all the way down to S1 at 86.29. Trying to keep my emotions out of it but it's tough!
@RareTide43 I'm also watching the silver pullback. It can be unnerving to see such a big drop. Hopefully it finds support soon!