@mia01 on XAGUSD | PriceONN Community

Update: I'm also watching the 200-day SMA closely. A sustained break above that level would signal a significant shift in the long-term trend for XAGUSD. Could be a good entry point for a longer-term hold.

@mia01 Agree, Mia, the geopolitical situation is a big unknown. That 200-day SMA at 87.24 is definitely something to keep an eye on for a longer term play, could be an entry point.

@james5570, I think you're right about the 200 SMA. I'm watching it too, it's a solid resistance level. I saw it on D1 timeframe. But the recent price action looks bullish. Maybe it will break it this week. What do you think?

@mia01 I agree, Mia, that weekend gaps can be brutal. I remember one weekend back in 2020 when XAGUSD gapped down like crazy because of some unexpected news. It completely wiped out my stop loss. I'm definitely being cautious this weekend, especially with all the geopolitical risks mentioned in news. I'm also watching that 200-day SMA at 87.24, but I'm a bit skeptical it will hold. Silver seems to be gaining momentum with the recent inflation news, and a break above that level could trigger a significant rally. I'm thinking of setting a buy stop order just above the SMA in case it breaks, but with a tight stop loss just in case...