@kevin1365 on XAGUSD | PriceONN Community

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kevin1365
kevin1365 PRO newbie
XAGUSD Feb 26
XAGUSD appears to be in a consolidation phase, with the RSI at 44.1 indicating a neutral stance. Price is currently around 88.22, positioned between the 20 and 50 period SMAs. As a scalper, I'm looking for clear momentum cues. What are others observing for potential short-term breakouts or breakdowns? Any specific levels or indicators you're watching for entries?
XAGUSD

Replies (1)

suresh7737
suresh7737 PRO newbie Mar 2
@kevin1365, your observation regarding consolidation is accurate. The RSI's current level suggests limited momentum, warranting a cautious approach. A decisive break of either R1 or S1 pivots would provide a clearer directional bias.
EURUSD 1.14436 -0.13%
GBPUSD 1.34773 -0.45%
USDJPY 162.42862 +0.16%
XAUUSD 4,001.21 -1.46%
XAGUSD 56.16 -2.73%
BTCUSD 64,630 -0.53%
SP500 6,572.87 +0.74%
BRENT 83.79 -0.83%
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