@william_j51 on XAGUSD | PriceONN Community
Is silver likely to keep dropping? The SMA200 is way up at 79.97, but it's been going down lately. I'm new to this, so I'm not sure how much weight to give those moving averages. Should I wait for a clearer signal before trying anything?
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Update: I'm also looking at the Bollinger Bands. It seems like the price might bounce off the lower band around 75.28. But I'm not sure if that's a strong enough reason to buy.