@mWright65 on XAGUSD | PriceONN Community
I've been trying to incorporate Bollinger Bands into my silver trading strategy, but I'm still trying to fully understand them. Currently, the upper band is around 79.28 and the lower band is around 76.74. Is it generally a good idea to sell when the price touches the upper band and buy when it touches the lower band? Or is it more complex than that? I'm also curious about how the SMA lines factor into this analysis. Any insights would be greatly appreciated. I'm looking to create a more robust trading plan.