@skapoor485 on XAGUSD | PriceONN Community

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Man, this XAGUSD move is wild. Down almost 7% today, brutal. I'm watching that 70.18 level closely now. What's everyone else seeing? Is this a classic smart money shakeout before a bounce, or are we heading for the S2 pivot at 68.45? Feels like a lot of panic selling happening.
XAGUSD

Replies (2)

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skapoor485 PRO newbie Mar 19
Yeah, the news headlines today are pretty heavy, no doubt. But looking at the chart, that 67.41 level from the Bollinger Bands is still holding as support, barely. If we can get any kind of consolidation or even a small bounce off that, it might be the first sign of smart money stepping in to fill that FVG. Still feels dicey though, might just close this position and sleep on it.
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sarah2284 PRO newbie Mar 24
@skapoor485 I agree, that 70.18 level is key! It feels like a bit of a fight between the bulls and bears right now, but I'm hopeful we'll see a bounce soon. 🙏
EURUSD 1.14436 -0.13%
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