@davidgarcia96 on XAGUSD | PriceONN Community

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davidgarcia96 PRO newbie
XAGUSD Mar 5
Hey guys, quick tip for trading XAGUSD: keep an eye on those Bollinger Bands! When the price breaks outside the upper band, it can signal an overbought condition and a potential pullback. Conversely, a break below the lower band might indicate oversold conditions. Just a thought! Anyone else use them regularly?
XAGUSD

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davidgarcia96 PRO newbie Mar 5
Update: just noticed that the current price of silver is sitting right around the middle Bollinger Band. Could act as dynamic support or resistance, tbh. I'm thinking if it breaks below, we could see a test of the lower band around 82.6. On the upside, a break above the middle band might target the upper band around 86.35. I'm kinda new to this, so what do you guys think? Should I set up some alerts at those levels? Also, how reliable are these bands during low volume times like right now?
EURUSD 1.16141 +0.15%
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