@S_Sharma on XAGUSD | PriceONN Community
The thing about silver is, it can be so easily swayed by industrial demand. I'm seeing some worrying signs of a potential economic slowdown globally, which could really put a damper on any bullish momentum. I'm hesitant to go long until I see more concrete signs of recovery. Keeping a close eye on those economic indicators!
Replies
Update: RSI is still below 50, confirming the bearish sentiment. I'm watching the 87.5 level closely; if that breaks, we could see a further decline towards 86.5.