@pilot553 on XAGUSD | PriceONN Community

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pilot553
Wow, XAGUSD just dipped below the lower Bollinger band! That was a sharp move down, almost 1.2% in no time. Definitely keeping an eye on this volatility, could be a quick scalp opportunity or the start of something bigger.
XAGUSD

Replies (3)

pilot553
pilot553 PRO newbie Mar 18
Actually, thinking about that quick drop, it did break that S2 pivot I mentioned. Now it's trading just above it. This could be a false break, or it might signal more weakness ahead. Definitely going to be watching how it behaves around this 78.19 level for the next hour or so.
S
siddharth1996 PRO newbie Mar 19
Hey @pilot553, yeah that break below the lower Bollinger band was pretty wild. I saw it happen too. It's trading right around that S2 pivot level now, which is interesting. I'm a bit concerned about this overnight action though, really hoping it doesn't gap down hard on Monday. Still, could be a bounce play if it holds here.
I
ifeoma00 PRO newbie Mar 20
Hey @pilot553, yeah that break below the lower Bollinger was crazy fast. I'm watching that S2 level too, it's acting like a magnet right now. Could be a good entry if it holds.
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