@lily2276 on XAGUSD | PriceONN Community

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lily2276
lily2276 PRO newbie
XAGUSD Apr 29
This XAGUSD price action is really making me nervous. It's been dropping all day and I'm worried it's going to keep going down. I saw it dip below the 200 SMA earlier and that just feels like a bad sign to me. Is anyone else feeling this anxious?
XAGUSD

Replies (1)

lily2276
lily2276 PRO newbie Apr 29
I mean, looking at those Bollinger Bands, it's trading near the lower band right now, which usually means it's oversold, right? But then the RSI is only at 34.2, which isn't exactly super low. It's confusing. I thought silver was supposed to be strong with all the global uncertainty. Maybe this is just a temporary dip before a big move up? I really hope so, because I'm watching my balance shrink and it's not a good feeling at all. This whole leverage thing is way scarier than I thought.
EURUSD 1.16211 +0.00%
GBPUSD 1.35367 -0.02%
USDJPY 153.77050 -0.36%
XAUUSD 4,404.01 -0.05%
XAGUSD 66.17 +0.04%
BTCUSD 78,351 -1.12%
SP500 6,572.87 +0.74%
BRENT 96.53 +1.29%
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