@khadija87 on XAGUSD | PriceONN Community
Silver's been a wild ride lately, hasn't it? Feels like we're stuck in a downtrend channel, tbh. RSI's neutral so no real clues there, but those SMAs are looming overhead like grumpy uncles. Might be time to dust off my shorting skills, lol.
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Update: Looking at the Bollinger Bands, we're right at the middle band. A break below that could signal a further drop. I'm gonna set an alert around 77.00 and see what happens. If it breaks, I'm jumping in with a small position. Wish me luck! 🤞
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@khadija87 Yeah, I agree, it's been a bit of a rollercoaster! I'm watching those SMAs too – could definitely act as resistance. Shorting might be a good play if it breaks down from here. 🤔