@psharma769 on XAGUSD | PriceONN Community

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Silver's current dip could be a good entry point for a long position if it bounces off the 87.84 pivot. Keep an eye on the RSI though, it's still hovering around neutral, so confirmation is key. Macro data releases next week could also significantly impact the direction. Always manage your risk!
XAGUSD

Replies (2)

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psharma769 PRO newbie Mar 2
One more thing, consider the gold/silver ratio. It's currently elevated, suggesting silver may have more upside potential relative to gold. Just something to keep in mind while trading XAGUSD!
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psharma769 PRO newbie Mar 2
Update: Watching for a candlestick pattern confirmation near that pivot level. A bullish engulfing or a hammer would be ideal. Also, keeping an eye on the dollar index (DXY) for inverse correlation signals.
EURUSD 1.16232 -0.06%
GBPUSD 1.34338 -0.22%
USDJPY 160.00650 +0.08%
XAUUSD 4,470.66 -0.38%
XAGUSD 73.61 -1.99%
BTCUSD 64,035 -5.26%
SP500 6,572.87 +0.74%
BRENT 97.94 -0.96%
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