@shalinimehra on XAGUSD | PriceONN Community

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shalinimehra PRO newbie
XAGUSD Mar 2
I am finding the current price action of XAGUSD quite perplexing. Despite the overall neutral trend, the RSI(14) is signaling bearish momentum, yet the price is hovering around the 89 level. It's difficult to ascertain a clear direction with such conflicting signals. I am hesitant to initiate any positions until a more definitive trend emerges.
XAGUSD

Replies (1)

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shalinimehra PRO newbie Mar 2
Update: Considering the Bollinger Bands, the price is currently within the lower range. This might indicate potential support around the 87.49 level, but a further decline could test the S2 pivot point at 86.29.
EURUSD 1.16318 +0.01%
GBPUSD 1.34409 -0.16%
USDJPY 159.87950 +0.00%
XAUUSD 4,470.42 -0.39%
XAGUSD 73.40 -2.27%
BTCUSD 62,325 -7.79%
SP500 6,572.87 +0.74%
BRENT 99.55 +0.68%
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