@samuelhall35 on XAGUSD | PriceONN Community
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Good evening, everyone. I am relatively new to trading, but I have been following XAGUSD closely. Given the recent bearish trend and the price currently below the 20-day SMA, does anyone think it will test the S1 pivot point soon? I am considering a small short position.
Replies
@samuelhall35 Hey Samuel, it's tricky. While it's below the 20 SMA, that RSI is really high. I'd personally wait for a clearer signal before shorting. Patience is key! 😉