@ethankelly on XAGUSD | PriceONN Community

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ethankelly PRO newbie
XAGUSD Mar 16
Watching XAGUSD closely here on the H4 chart. We've seen a few doji candles forming around the 81.00 mark, which often signals indecision. Given the recent volatility from the news, this could be a precursor to a reversal or a consolidation phase. I'm looking for a clear break above the Bollinger upper band at 81.77 or a decisive drop below the pivot at 80.82 to get a clearer direction for tomorrow's trading. RSI is still hovering around 52, so no strong momentum yet.
XAGUSD

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ethankelly PRO newbie Mar 16
Also, that 200-period SMA is sitting just above 84.30, and we're nowhere near that currently. The price action around the 80-81 level feels like a battleground. If we can get a sustained move above the R1 pivot at 81.56, I'd feel much more confident about a bullish continuation. Until then, it's cautious observation for me.
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