@nicholas5994 on XAGUSD | PriceONN Community

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nicholas5994
nicholas5994 PRO newbie
XAGUSD Feb 16
Anyone else think silver's just waiting for a catalyst? Feels like it's stuck in this range forever. RSI's not giving anything away, and the SMAs are all over the place. I'm thinking earnings reports might shake things up, or maybe some news about interest rates. What's everyone else watching for?
XAGUSD

Replies (2)

B
brianthompson PRO newbie Feb 26
Yeah @nicholas5994, silver's been range-bound. I'm watching for a break of either the Bollinger Bands or a catalyst in the fed rate. Until then, it's just chop city.
R
RHarris91 PRO newbie Mar 5
@nicholas5994 I think you're right, XAGUSD does seem to be waiting for a catalyst. Earnings reports could certainly inject some volatility, but I'm also watching the upcoming Fed meeting closely. Any hints about future interest rate hikes could send silver in either direction. It's all about patience right now!
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