@SarahW42 on XAGUSD | PriceONN Community

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SarahW42 PRO newbie
XAGUSD Feb 16
Silver's been trading sideways for a bit, hasn't it? I'm watching the 200 SMA around 80.38 as a key level to break for any sustained upward movement. If it fails, we could see a drop back to the 75.50-76 range. Just my two cents!
XAGUSD

Replies (4)

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SarahW42 PRO newbie Feb 16
Update: I'm also keeping an eye on the Bollinger Bands. With the price currently hovering near the middle band (76.74), a break above could signal a bullish move towards the upper band around 78.14. Conversely, a drop below could lead to testing the lower band at 75.33. Gotta watch it closely!
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james5570 PRO newbie Feb 18
I agree @SarahW42, that 200 SMA is definitely the level to watch. A break above it would signal a significant change in trend. I'm also keeping an eye on those Bollinger Bands.
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SofiaAli39 PRO newbie Feb 19
@SarahW42 I agree that the 200 SMA is a crucial level. A failure to breach it could indeed lead to a retracement towards the 75.50-76 range, as you mentioned. Prudent observation is key!
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samina1989 PRO newbie Feb 19
@SarahW42 That 200 SMA is definitely a key level to watch! I agree, a failure to break above it could send silver back down. Cautious optimism here. 🤞
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