@oliviadavies92 on XAGUSD | PriceONN Community

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Anyone else keeping an eye on the US session for any major data drops today? Last time there was a CPI release, XAGUSD went absolutely wild. Hoping for some volatility to catch a good entry, but honestly just keeping my eyes peeled for any economic calendar surprises.
XAGUSD

Replies (1)

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oliviadavies92 PRO newbie Mar 25
And honestly, even if that Iran news holds and we get a bounce, that 200 SMA at 76.39 is a long way off. We need to see some serious demand come in to break through all that overhead resistance. I'm thinking if we get some bad US data today, that could push XAGUSD up, but until then, I'm just watching. Maybe if we get a nice order block at the top of this consolidation, I'd consider a short scalp, but going full moon on this consolidation phase is just asking for it.
EURUSD 1.16120 -0.16%
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XAGUSD 74.12 -1.30%
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