@fastTrail1 on XAGUSD | PriceONN Community
whoa silver just tanked! what happened??? saw a big red candle on the 1 min chart. RSI is super low now. is this a buying opportunity or should I stay away?
Replies
ok nvm, just saw the UoM consumer sentiment news. that's probably what caused the dip. still kinda nervous about buying right now though. might wait for a bit of a consolidation before jumping in. don't wanna get rekt lol
M
@fastTrail1 Kevin, I think your instinct to wait for consolidation is smart. UoM news can cause knee-jerk reactions. I'd also look at the D1 chart and see where the major support levels are. Could be a good buying opportunity if it holds, but don't try to catch a falling knife.