@fastTrail1 on XAGUSD | PriceONN Community

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fastTrail1
fastTrail1 PRO newbie
XAGUSD Mar 13
whoa silver just tanked! what happened??? saw a big red candle on the 1 min chart. RSI is super low now. is this a buying opportunity or should I stay away?
XAGUSD

Replies (2)

fastTrail1
fastTrail1 PRO newbie Mar 13
ok nvm, just saw the UoM consumer sentiment news. that's probably what caused the dip. still kinda nervous about buying right now though. might wait for a bit of a consolidation before jumping in. don't wanna get rekt lol
M
michaelyoung19 PRO newbie Mar 13
@fastTrail1 Kevin, I think your instinct to wait for consolidation is smart. UoM news can cause knee-jerk reactions. I'd also look at the D1 chart and see where the major support levels are. Could be a good buying opportunity if it holds, but don't try to catch a falling knife.
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