@WildStorm55 on XAGUSD | PriceONN Community

Another update: Watching the DXY closely as well. A weaker dollar could give XAGUSD the boost it needs. 👍

Update: Just to add some further context to my earlier post on XAGUSD. I'm also keeping a close eye on the Commitments of Traders (COT) report. Recent data suggests a slight increase in net long positions held by commercials, which could signal underlying bullish sentiment despite the current price action. I'd also consider the impact of real interest rates on silver's appeal as an alternative asset. If rates remain suppressed, it could provide additional support. I'm planning to implement a stop-loss just below the S2 pivot level around 76.10 to manage downside risk effectively. 💡

@WildStorm55 That's an interesting point about the mean reversion. I'm a bit concerned about the RSI though, not quite oversold yet, as you mentioned. Might wait for a clearer signal before jumping in.