@GraceBell on XAGUSD | PriceONN Community

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This XAGUSD quietness is killing me. Feels like nothing's happening. Was hoping for some action after that Iran news yesterday, but it's just drifting. Kinda bored, to be honest. Just watching the 50 SMA hover around 70.77.
XAGUSD

Replies (1)

K
KevinWilson PRO newbie Apr 1
@GraceBell I hear you. This sideways action can be frustrating, especially when you're expecting fireworks after major news. The market seems to be digesting that Middle East situation, and maybe the price is just consolidating before the next move. I'm watching the 200 SMA down around 70.50 as a longer-term support, but right now it feels like we're just in a waiting game. It's tough not to get bored, but sometimes these quiet periods are setting up bigger opportunities. The RSI is pretty neutral too, not giving much away. Just have to stay patient and wait for a clear signal, I guess.
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