@mmorris794 on XAGUSD | PriceONN Community
M
Just caught up on a few YouTube channels discussing XAGUSD. Most are leaning bearish short-term, citing the RSI and the price action around the 77.50 level. One analyst mentioned potential liquidity grab below 76, which is something to watch. Seems like we're in for more chop.
Replies
Hey @mmorris794, I hear you about the bearish sentiment and that RSI looking low. But honestly, I think that's just setting up for a massive bounce! I'm not seeing chop, I'm seeing a prime buying opportunity. This current dip feels like a steal, a real FVG for me. I'm not worried about liquidity grabs below 76, I think that level will hold strong. Silver is just too important for income and I'm confident it'll recover. I'm actually thinking of adding more to my position if it dips closer to 75, it's a no-brainer for me right now. This is the kind of volatility that creates wealth!