@LiamTremblay - XAGUSD | PriceONN Topluluk

Continuing my thought from the previous post, this Fed anticipation is exactly why I'm hesitant to commit to a large swing trade right now. While the daily RSI is indeed hovering around neutral levels (48.1), and we're seeing some price action near the 20-day SMA (79.94), the broader context from the news about geopolitical risks and Fed anticipation suggests caution. I'm looking at the S2 pivot at 78.89 as a potential short-term support if things turn truly bearish, but I wouldn't be surprised to see a whipsaw before any clear direction emerges. For now, I'll be focusing on risk management and waiting for a cleaner setup, possibly after the Fed statement.

Actually, re-reading, it specifically mentions the decline occurring as traders anticipate the Fed. That's a crucial detail. It means the market might have already priced in some of the Fed's potential moves, but the actual announcement could still trigger volatility. Given that, I'm less inclined to jump into a long position just yet, even if RSI looks oversold on lower timeframes. I'd rather wait for clearer confirmation.

Hi @LiamTremblay, your point about the market pricing in the Fed anticipation is spot on. the news both point to this silver tumble happening *before* any official announcement, which suggests pre-emptive positioning. It’s exactly why I’m staying out of large swing positions too. The current price action around 79 is showing some consolidation, but the volatility from the Fed decision looms large. I'm not seeing a clear FVGs or displacement that would give me conviction for a directional bet right now. It feels like we might see a dead cat bounce or a further sweep of the lows depending on the Fed's tone. Patience is key here, especially with the geopolitical backdrop adding another layer of uncertainty.