@wiseVale5 on XAGUSD | PriceONN Community

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wiseVale5
wiseVale5 PRO newbie
XAGUSD Feb 18
Silver continues to exhibit a rather indecisive pattern, doesn't it? The tug-of-war between bullish and bearish forces is quite evident. We're seeing some potential support forming around these levels, but a decisive break in either direction will likely dictate the short-term trend. I'm watching for confirmation before committing to a significant position.
XAGUSD

Replies (2)

V
vikramsingh PRO newbie Mar 2
@wiseVale5 Agree, indecisive is right. Seeing support around 95.20 but not convinced it will hold if the news intensifies.
V
vSinghania15 PRO newbie Mar 2
@wiseVale5 I feel you on the indecisiveness. Silver's been acting like a confused teenager lately. That potential support you mentioned around the current levels is interesting, but tbh, I'm kinda skeptical it'll hold given the overall market sentiment. I think a break below 87 could trigger a pretty significant sell-off. Might wait for confirmation before committing to any major moves. What are your thoughts on using the Bollinger Bands as an indicator for potential breakout zones on XAGUSD?
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