@JackWright80 on XAGUSD | PriceONN Community

Hey @JackWright80, yeah I totally get what you mean about this sideways grind. It's super frustrating. I'm new to this and I bought some silver around 68.50 thinking it would go up, but now it's just sitting there, or worse, dipping. The dollar rally is definitely worrying me. Is it possible this is just a pause before it drops further? I saw something about gold dropping hard yesterday too because of the dollar. Trying not to panic sell, but it's tough when you're just starting out and seeing your money stagnant or losing value. Maybe we should wait for clearer signals instead of guessing?

Hey @JackWright80, I hear you man, this sideways chop is brutal. You're looking for a grind lower, but I'm seeing something a little different here. The fact that we're holding above the 20 and 50 SMAs on the 4-hour chart actually has me feeling a bit optimistic. Plus, that news about the Middle East tensions easing isn't really hitting XAGUSD hard like it did Gold. It's like silver is shrugging it off. I mean, yeah, RSI is neutral, but we're still pushing higher. I'm thinking about going long if it can break that 75.50 resistance level. Maybe you're too focused on the dollar strength, sometimes silver has its own agenda, you know? I'm ready to throw a bit at this if it confirms a bullish breakout. It's definitely a risk, but that's half the fun, right?