@lmenon943 on XAGUSD | PriceONN Community

@lmenon943 I agree that the 200 SMA is a key level to watch. The break above 82 is a great sign! If XAGUSD can sustain above it, we could see a significant rally. Volume confirmation is crucial, as you mentioned. I'm also keeping an eye on the MACD for a potential bullish crossover. A failure to hold above the 200 SMA could lead to a retest of the recent lows, so risk management is essential. I'm thinking a long position with a target near 83.50 makes sense if these conditions are met. Thanks for sharing your insights!