@vnkabinde316 on XAGUSD | PriceONN Community
This sideways movement on XAGUSD reminds me of early 2020, just before the pandemic-induced volatility. If I recall correctly, we saw a prolonged period of consolidation followed by a sharp upward spike as investors sought safe haven assets. The current RSI around 55 is quite similar to what we observed back then, suggesting a potential build-up of pressure. However, the global economic landscape is markedly different now, so caution is warranted. I'll be closely monitoring volume patterns for confirmation. A sustained break above 85.00 could signal a similar move, but until then, I remain cautiously optimistic.