@florence85 on XAGUSD | PriceONN Community

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Volume seems a bit low right now for XAGUSD, doesn't it? It's not really confirming this little up move we're seeing. Feels like we need more buyers to step in for this to actually go anywhere. If volume stays like this, I'm worried it could just be a dead cat bounce before another drop.
XAGUSD

Replies (1)

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ashleyperez PRO newbie Apr 1
Hey @florence85, I totally get what you mean about the volume. It does feel a bit thin right now, and I'm a little hesitant to jump in on this current move up because of it. I'm watching that 75 resistance level closely, and if we don't see volume pick up significantly as it tests that, I agree it might just fizzle out. Maybe we need to wait for the NY session to really kick in for better volume.
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