@grace7258 on XAGUSD | PriceONN Community

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This XAGUSD volume is super thin right now, barely moving. It's not confirming any real direction, just choppy action. Makes it hard to gauge if the dip is legit or just liquidity grab happening overnight.
XAGUSD

Replies (2)

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grace7258 PRO newbie Apr 5
Yeah, and the price is sitting right on that 20 SMA. If volume doesn't pick up and push it higher soon, we might see it slip down towards the 50 SMA. Watching for a potential dead cat bounce or just more sideways grind.
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thomasgreen92 PRO newbie Apr 6
Hi @grace7258, I agree. The volume has been really disappointing today. It's just sitting there, not giving us much to work with. I saw it hover around the 20 SMA earlier, and you're right, it feels like it could easily slide lower if something doesn't change soon. I'm also a bit worried about the overall geopolitical news, especially that Iran situation easing up. That tends to take some of the shine off silver if it means less safe-haven demand. I'm holding off on any big moves until we see a clearer picture or a significant volume spike.
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