@diyer390 on XAGUSD | PriceONN Community
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Okay, so I've been looking at the silver charts, and I'm trying to understand the Bollinger Bands. The price is near the upper band (88.61), which @harrygreen53 mentioned. Is that a strong resistance level? I'm also seeing that the price is above the pivot point of 86.33. I'm thinking of going long, but I'm also a little nervous because I see @jlee320's point about interest rates. What do you think about the long-term prospects versus the current bullish trend? 🤔 Is it too risky to buy now? 😅