@thall681 on XAGUSD | PriceONN Community

Silver's bullish momentum is strong, but I'm cautious at these levels. The Bollinger Bands suggest we're nearing the upper limit around 84.23. A break above that could signal further upside, potentially to 84.50, but a rejection here seems more likely. The 20-day SMA at 80.47 and 50-day SMA at 78.93 are key support levels to watch if we see a correction. I will be monitoring price action closely for any signs of weakness. A clear break below 83.50 would confirm a short-term bearish reversal. Risk management is crucial here. Keep stops tight. Could be a good opportunity for a short position soon.