@jacksonclimber on XAGUSD | PriceONN Community

Hey @jacksonclimber, I see your caution on XAGUSD. That 20 SMA at 72.33 is definitely a key level to watch. Personally, I'm eyeing that S2 pivot at 70.77. If the dollar keeps strengthening as you mentioned, a break below that could trigger a sharp move down. The news about gold plunging 4.5% this week also makes me lean bearish for silver short term.

Hi @jacksonclimber, I read your thoughts on XAGUSD for next week and I'm feeling pretty similar. That big percentage drop on Friday was a shocker, and I'm definitely hesitant to jump in long right now. I'm not really familiar with the technical indicators like the 20 SMA, but I understand watching key levels. If it breaks below what you mentioned, where do you think it might go? I'm just worried about getting caught in another sharp decline like we saw. It seems like a lot of uncertainty out there. I really hope the dollar doesn't keep strengthening too much, it makes things feel so volatile.