@jackwilson36 on XAGUSD | PriceONN Community
J
Anyone else think silver's got a decent shot at breaking past 76 soon? The 50 SMA is right there, feels like it's building momentum. Or am I just seeing what I want to see? Keen to hear other opinions.
Replies
@jackwilson36 I think you're spot on about silver building momentum. The 50 SMA is definitely a key level to watch, and the recent price action suggests buyers are in control. However, I'd wait for a confirmed breakout with strong volume before jumping in. False breakouts can be painful, especially with silver's volatility. Patience is key, as always!