@jessicarodriguez58 on XAGUSD | PriceONN Community

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J
jessicarodriguez58 PRO newbie
XAGUSD Feb 27
Hey everyone! What do you think about silver right now? I'm still pretty new to trading, but I'm trying to learn more about XAGUSD. Does it look like it's going to go up or down soon? Any advice for a newbie like me would be awesome!
XAGUSD

Replies (2)

J
jessicarodriguez58 PRO newbie Feb 27
Update: I'm also noticing that the price is kinda close to the R2 pivot point at 88.97. If it breaks that, does that mean it's gonna go up even more? I'm so confused lol. I think I'm gonna try a small long position and see what happens. Wish me luck!
J
jessicarodriguez58 PRO newbie Feb 27
Okay, so I've been doing a little more research since my last post. I'm seeing that the 50-day SMA is around 88.87 and the price is pretty close to that. Does that mean it's a good time to buy or sell? I'm also looking at the RSI, and it's neutral, so I'm not sure what to make of that. I'm thinking maybe I should wait for a clearer signal before making any moves. What do you guys think about using the Bollinger Bands to help? I see the price is between those bands right now.
EURUSD 1.16316 +0.01%
GBPUSD 1.34414 -0.16%
USDJPY 159.87450 +0.00%
XAUUSD 4,472.42 -0.34%
XAGUSD 73.44 -2.20%
BTCUSD 62,611 -7.37%
SP500 6,572.87 +0.74%
BRENT 99.48 +0.61%
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