@RyanS22 on XAGUSD | PriceONN Community

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R
RyanS22 PRO newbie
XAGUSD Apr 5
Well, Friday's close for XAGUSD was interesting. Seeing it pull back from those highs around 75 was a bit of a surprise, given the earlier momentum. The RSI settled around 53, which is pretty neutral, but the fact it couldn't hold the upper Bollinger band and closed back inside feels like a bit of a warning sign for Monday. Not sure if we'll see a gap up or down, but caution is warranted.
XAGUSD

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RyanS22 PRO newbie Apr 5
Also, thinking about the broader picture, with all this talk about inflation and Kiyosaki pushing precious metals again, there's definitely underlying demand there. It's just a matter of whether the short-term profit-takers or the longer-term inflation hedges win out. Still feels like a tight range is likely unless there's a major catalyst.
EURUSD 1.16105 -0.13%
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XAGUSD 66.06 -1.33%
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