@ephillips875 on XAGUSD | PriceONN Community

Also, that 80.54 pivot point is looking pretty significant right now. If we can't hold above it, I reckon we'll see a quick test of the 80 support level. The RSI is pretty neutral at 51.6 though, so it's hard to say for sure which way it'll break.

Hey @ephillips875, I totally see what you're saying about the German ZEW data and its potential impact on the dollar. It's a classic correlation, isn't it? If the dollar strengthens, silver often takes a hit. I've been watching that 80.54 pivot point too, it feels like a critical level right now. My RSI is sitting around 49.3, which is pretty much neutral, so it's hard to get a strong directional bias from that alone. But if we break below 80.54, I agree, a test of 80 support seems likely. I'm actually thinking about a small scalp short if we see a clear rejection there, just aiming for a few ticks. The news about precious metals selling off despite geopolitical tension is still in my head though, makes me wonder if there's underlying weakness, or if it's just a temporary dip before a bigger move up. Hard to say!