@eric4965 on XAGUSD | PriceONN Community

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Silver's been pretty range-bound lately, but keep an eye on those Bollinger Bands. A break outside either the upper or lower band usually signals a strong move. Could be a good indicator for a quick scalp if it happens. Just my 2 cents.
XAGUSD

Replies (1)

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eric4965 PRO newbie Mar 5
Update: Looking at the charts now, XAGUSD is consolidating near 85. Seems like it wants to push higher, but the 200 SMA around 87.7 is acting like a pretty strong resistance. If it can break through that, we might see a bigger rally. Otherwise, could retest those support levels around 84. Keep an eye on the RSI too; if it gets back above 60, that's another bullish signal. I'm thinking of setting a buy stop order just above that resistance level. Might be worth a shot for a quick scalp.
EURUSD 1.16377 +0.06%
GBPUSD 1.34530 -0.07%
USDJPY 159.89350 +0.01%
XAUUSD 4,510.89 +0.52%
XAGUSD 74.72 -0.50%
BTCUSD 63,759 -5.67%
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BRENT 97.77 -1.12%
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