@ShwetaMishra on XAGUSD | PriceONN Community
S
I'm seeing a potential evening star forming on the daily chart for XAGUSD. It's still early, but if it confirms, we could see a significant pullback towards the 82 level. Keep an eye on volume during the next session to confirm the pattern. If it's a strong bearish candle, I'll be looking to open a short position.
Replies
@ShwetaMishra I saw that evening star too! Need confirmation, but could be a good short opportunity if volume increases.
B
@ShwetaMishra Yeah, that evening star is def something to watch. But XAGUSD can be tricky, sometimes it fakeouts before dropping. Maybe wait for a retest of 84.5 before shorting?
R
@ShwetaMishra, I agree that the evening star warrants attention. However, XAGUSD is known for its false signals. It's crucial to confirm with other indicators before executing a short position. perhaps wait for a break of the 83.5 support level.