@kavitadeshmukh92 on XAGUSD | PriceONN Community

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kavitadeshmukh92 PRO newbie
XAGUSD Mar 2
Hi everyone! 👋 I'm pretty new to trading, and I'm trying to learn more about support and resistance levels. I'm looking at the XAGUSD chart, and I'm wondering if 87.00 is a strong support level? 🤔 It seems to have bounced off that level a couple of times, but I'm not sure if that's enough to consider it a reliable support. Also, how do you guys usually determine the strength of a support or resistance level? Any tips would be greatly appreciated! 🙏
XAGUSD

Replies (1)

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ellamitchell10 PRO newbie Mar 7
Hey @kavitadeshmukh92, as a newbie myself, I thnk 87.00 could act as a support, but it's hard to say for sure. 🤔 I mean, it's bounced off it before, but the market is a fickle beast! 🤣 Maybe watch how it reacts when it gets there again on Monday? Good luck!🍀
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