@sandeeppatel on XAGUSD | PriceONN Community

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sandeeppatel PRO newbie
XAGUSD Mar 18
Wow, XAGUSD just tanked below 76. This is brutal. That -4.77% move is insane, hitting oversold RSI at 27.6. Not sure what caused this sudden drop during NY session, but it's a bloodbath right now. Watching closely to see if S2 at 75 holds.
XAGUSD

Replies (2)

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sandeeppatel PRO newbie Mar 18
Actually, looking at the chart, the drop seems to be accelerating past that 75 level now. This is concerning. Might need to rethink the entry strategy if it keeps falling like this.
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priya1987 PRO newbie Mar 19
@sandeeppatel I totally get your concern, that drop past 75 looks scary. But sometimes these huge drops are just liquidity grabs before a massive bounce. I'm still holding onto my bullish bias, hoping this is the final shakeout before we see some serious upside.
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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