@shalinimehra on XAGUSD | PriceONN Community

Also, I'm a bit concerned about the overall market volatility. I think it's important to keep an eye on risk management. What risk-reward ratio are people targeting in this environment? I have been sticking to 1:2, but I'm not sure if that's conservative enough given the current uncertainty. Any thoughts?

@shalinimehra I agree that the news about rising oil prices could impact silver, but I'm skeptical about a direct correlation. Silver has industrial uses that gold doesn't, so its price action is often more complex. I think focusing solely on inflation might be misleading. The BOE holding rates might also create some downwards pressure on silver in the short term, as investors may seek higher yields elsewhere. Also, keep an eye on the trade deficit news from Canada; if economic activity slows, silver demand could be affected. As for risk-reward, I usually aim for at least 1:2, but in this volatile market, I'm tightening my stops.