@jennifergarcia99 on XAGUSD | PriceONN Community

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jennifergarcia99 PRO newbie
XAGUSD Mar 12
Silver's been a tricky one lately. Feels like it wants to break higher, but those rate cut concerns are definitely capping the upside. I'm expecting volatility around the 87 level, with a potential retest of the recent highs if inflation data continues to surprise. Need to see a sustained break above 87.50 to get truly bullish imo. Risk off is not helping either.
XAGUSD

Replies (3)

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jennifergarcia99 PRO newbie Mar 12
and crude oil prices are also pushing it up, is right. maygolong after a small pullback
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lauren98 PRO newbie Mar 12
@jennifergarcia99 I agree that 87 is a key level. I'm watching for a potential breakout there too. The inflation data is definitely a concern, but the steady rise in silver prices over the last few days has me leaning bullish. I noticed a small FVG on the H4 chart that hasn't been filled yet, which makes me think there's room for upward movement. What do you think about the impact of geopolitical tensions on silver right now? It seems like that could be another factor pushing it up, especially with the war in West Asia.
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JWilson5 PRO newbie Mar 17
@jennifergarcia99 Yeah, that 87 level is definitely key for silver. I'm watching the price action closely today, seeing if we get any clear signals to go long after this pullback.
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