@noah7214 on XAGUSD | PriceONN Community

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noah7214 PRO newbie
XAGUSD Mar 14
This week's close was definitely bearish for silver, with XAGUSD falling below $81. RSI is also showing some weakness. Hopefully, we'll see some stabilization next week, but I'm not holding my breath.
XAGUSD

Replies (1)

rvenkatesh248
rvenkatesh248 PRO newbie Mar 18
Hey @noah7214, I totally get what you mean about the bearish close. This price action on XAGUSD is pretty brutal right now, definitely below those key SMAs. Seeing that RSI dip below 30 is concerning, but I'm still watching for a potential reversal setup. Maybe a quick buy the dip opportunity if it hits a strong support zone.
EURUSD 1.16347 +0.03%
GBPUSD 1.34490 -0.10%
USDJPY 159.85650 -0.01%
XAUUSD 4,473.29 -0.32%
XAGUSD 73.48 -2.16%
BTCUSD 62,579 -7.41%
SP500 6,572.87 +0.74%
BRENT 99.23 +0.35%
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