@chloeryan67 on XAGUSD | PriceONN Community

@chloeryan67, your observation about the S2 pivot point is astute. However, considering the current macroeconomic landscape, I'd advise caution against solely relying on pivot points. While technical levels are important, fundamental factors such as inflation expectations and geopolitical risks are significantly influencing XAGUSD. A break below S2 could indeed trigger further downside, but it's essential to correlate that with broader market sentiment and economic data releases. Furthermore, consider the longer-term trend; are we seeing a temporary retracement within a larger uptrend? Always assess the bigger picture before committing to a position!