@nmohammed985 on XAGUSD | PriceONN Community

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Greetings, everyone. Observing XAGUSD today has been quite the experience. It reminds me that in trading, patience is not merely a virtue, but a fundamental requirement for success. We must allow the market to reveal its intentions without forcing our own predictions upon it, especially during these multi-session overlaps where liquidity can be unpredictable.
XAGUSD

Replies (1)

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nmohammed985 PRO newbie Mar 30
Indeed, this sideways consolidation can be a fertile ground for discerning the true trend. The key is to remain disciplined and wait for clear signals, perhaps from the 50-day SMA at 69.40 or the resistance at the R1 pivot point around 70.34. The current price hovering around 70.14, just below the 20-day SMA, suggests a delicate balance before any significant breakout.
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