@manishjain35 on XAGUSD | PriceONN Community

Hey @manishjain35, next week for XAGUSD? Honestly, this whole geopolitical easing narrative is giving me serious doubts about the bullish case. We saw silver stall out right at that 75 resistance level on Friday, and this news about tensions easing is only going to put more pressure on it. The RSI is sitting right in neutral territory, which isn't screaming buy to me at all. Plus, the dollar has been weakening but if that reverses, silver will get hammered. I think we're looking at a breakdown below 74, maybe even down to the 200 SMA around 70. I'm already loading up a short position with 100x leverage, YOLO style. Anyone who thinks this is going up is gonna get rekt. This peace talk is the perfect excuse to dump.