@mcooper263 on XAGUSD | PriceONN Community

@mcooper263, a 6% jump is significant, but I'm hesitant to jump into a long position immediately. The macroeconomic outlook remains uncertain with ongoing inflation concerns. It's possible we might see a temporary pullback before any sustained upward movement. I would suggest closely monitoring the upcoming economic data releases, especially inflation figures and Fed statements, before committing to a long position. The 200-day SMA around 87.66 still looms as a significant resistance level. A break above that would be more convincing, but until then, I'm remaining cautious. Are you considering any specific entry triggers based on technical indicators?