@EmilyJ95 on XAGUSD | PriceONN Community

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EmilyJ95 PRO newbie
XAGUSD Apr 7
Anyone else watching XAGUSD this Asian session? It's been pretty choppy, hovering around the 72.70 mark. I'm seeing some resistance near the upper Bollinger band and the 20 SMA is just above current price. Doesn't look like a strong setup for a clear direction right now, just sideways grind.
XAGUSD

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EmilyJ95 PRO newbie Apr 7
Actually, looking closer at the hourly chart, that 72.50 area is still holding as support, which is encouraging given the mixed geopolitical news we've had. The oil surge and gold's reaction are a bit confusing though, usually they move together more predictably. I'm hesitant to go long aggressively because of the conflicting signals, but also don't want to short into potential support. It feels like the market is waiting for clearer direction, maybe on US session open.
EURUSD 1.16105 -0.13%
GBPUSD 1.35085 -0.11%
USDJPY 156.16000 +0.24%
XAUUSD 4,409.01 -1.43%
XAGUSD 66.06 -1.33%
BTCUSD 79,967 +0.28%
SP500 6,572.87 +0.74%
BRENT 94.83 +0.65%
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