@andiswa1692 on XAGUSD | PriceONN Community
This XAGUSD price action is making my head spin. One minute it looks like it's going to rocket, the next it's tanking hard. Is this just volatility or is something bigger brewing?
Replies
@andiswa1692 Definitely high volatility right now with London/NY overlap. Seems like a classic bull flag forming on the H4 chart, but the RSI is flatlining a bit. Watching to see if it breaks that R1 pivot, could be the catalyst.
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@andiswa1692 It's all noise right now. They push it up on fake news, then dump it to hunt stops. I saw that S2 pivot at 69.51 was tested. Classic manipulation before any real move. This broker's spreads are wide too, making it worse.