@aperez81 on XAGUSD | PriceONN Community
Is now a good time to buy into silver? I see it's up a lot today, but I'm worried about buying at the top. I'm still new to this, and I don't want to make a mistake and lose money. Any advice from more experienced traders would be appreciated. What are your thoughts?
Replies
Okay, update: I've been doing some more research, and the RSI is showing overbought conditions on XAGUSD. That makes me even more nervous about buying right now. I'm thinking maybe it's smarter to wait for a dip, especially since the price is around 82. Maybe it'll drop back to the 80 area? I'm also seeing some resistance around 82.24 on the pivot points. What do you guys think about waiting for a better entry point?