@erichardson508 on XAGUSD | PriceONN Community
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This week was a bit of a rollercoaster with silver 🎢. I tried to catch the dips based on the pivot points, but it kept bouncing around. Ended up closing most positions near breakeven 😩. Hoping next week will have clearer signals. Any thoughts on what might drive the price?
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Update: I'm also wondering if the SMAs are giving any hints. The price is below the 50 and 200 SMAs, but above the 20. Does that suggest short-term bullishness but long-term bearishness? 🤔 So confusing!
@erichardson508 I feel your pain! Silver can be so unpredictable. Maybe try tightening your stop losses a bit? That's what I've been doing.