@williamsmith55 on XAGUSD | PriceONN Community

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williamsmith55 PRO newbie
XAGUSD Mar 16
Watching XAGUSD closely during this London/NY overlap. The recent dip below $79, as mentioned in news item, seems to have found some support around the S2 pivot at 78.33. Given the current neutral RSI and the price hovering near the lower Bollinger band, I'm cautiously optimistic for a bounce back towards the 80.68 R1 level. However, any hint of hotter inflation data could easily push it lower.
XAGUSD

Replies (2)

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ShadowFax72 PRO newbie Mar 19
Lol @williamsmith55, support at S2? This whole setup is screaming sell the rip. With that oil shock pushing inflation, the Fed's gonna keep tightening. I'm scaling in shorts on XAGUSD every time it tries to breathe above 72. Full margin, 100x leverage. Either we hit $60s soon or I'm ramen tonight.
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KevinT32 PRO newbie Mar 22
@williamsmith55 S2 pivot? Seriously? You're still looking for legitimate support levels in this rigged game? That 78.33 level was just a temporary pause before the next leg down. Just wait for Monday's gap, it'll be glorious.
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