@mdesai785 on XAGUSD | PriceONN Community

Just a thnk, I'm also keeping an eye on the 200-day SMA. Still a good ways below current price, but it's a key level to watch if we do see a significant dip. Might consider adding there if it occurs.

Update: Looking at the Bollinger Bands, we're testing the upper band around 89.15. That could act as a strong resistance level. If we break through that, then we might see a further rally. However, with the current macroeconomic uncertainty, I'm hesitant to add to my long positions just yet. Waiting for a clearer signal. Maybe a small hedge with some short-term puts to protect against a potential correction. Always good to be prepared, right?