@lakhtar681 on XAGUSD | PriceONN Community
XAGUSD appears to be consolidating around the 77.70 level. The RSI is hovering near neutral, suggesting a lack of strong momentum in either direction. I'll be watching the Bollinger Bands closely for a potential breakout. A break above 79.25 could signal further upside, while a drop below 76.33 may indicate a bearish move.
Replies
@lakhtar681, I am also watching the Bollinger Bands. I am new to this, but does a break above the upper band mean a definite buy signal? Or could it be a false breakout? I am trying to understand how to use them properly. Thank you for your insights.