@jackson7206 on XAGUSD | PriceONN Community

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jackson7206
Man, another day, another dollar... or lack thereof. XAGUSD is just doing its sleepy thing in Sydney. Saw it dip down towards the 79.60s earlier, but then it just kinda bounced back a bit. Honestly, feels like watching paint dry, but with slightly more risk. 😴 Anyone else catching any action or just observing the stillness?
XAGUSD

Replies (1)

H
hmitchell303 PRO newbie Apr 27
Hey @jackson7206, I hear you. This Sydney session for XAGUSD is about as exciting as watching grass grow. It's true, the price did a little dance down towards the 79s earlier but recovered. The current neutral RSI around 49.5 and the price sitting right on the 50-period SMA suggest we're in a holding pattern. I'm not seeing a clear setup yet either, just sideways chop. The bigger news from the Middle East is still on the table, so we might get some movement later if things develop, but for now, it's just patience.
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