@ravimenon30 on XAGUSD | PriceONN Community

Hey @ravimenon30, a bullish flag pattern? I wish I could see that on my charts. All I see is red lately, makes me nervous. I'm still trying to figure out how to even spot those patterns reliably.

Hey @ravimenon30, appreciate the bullish flag observation on H4. I'm seeing some conflicting signals on my end, though. While you're looking for a breakout above 75.30, the recent news about rising energy costs and geopolitical tensions is actually putting some downward pressure on commodities like silver, pushing it closer to the 73.28 pivot. My charts are showing that level as pretty strong resistance right now. RSI is neutral at 54, and the 50 SMA is just above current price at 72.99. I'm more inclined to wait for a clearer directional bias, perhaps a decisive break below 72.87 or a strong push through 73.47 resistance, before committing.