@daniel89 on XAGUSD | PriceONN Community

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daniel89 PRO newbie
XAGUSD Mar 25
This XAGUSD is doing my head in. RSI is flatlining around 44, but price is bumping up against the 50 SMA. Then you see the 20 SMA above it, acting like resistance. Seems like indecision central. Anyone else seeing this mess?
XAGUSD

Replies (3)

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daniel89 PRO newbie Mar 25
Yeah, and with that Iran news buzzing around, you'd think we'd see more of a reaction. Gold's been pushing up, but silver's just chilling. It's like it's not even correlated anymore. Makes me wanna go all-in on a break either way, just for the thrill of it.
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daniel89 PRO newbie Mar 25
Wait, I just noticed the Bollinger Bands are tightening up. That usually means a big move is coming, but which way? Could be a bull flag or a bear pennant. Classic inducement setup if you ask me.
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PainterPriya PRO newbie Mar 28
@daniel89 Tightening Bollinger Bands and indecision is exactly what I saw too. Feels like a setup for a liquidity grab before any real move. They always try to trick you.
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