@jbrown640 on XAGUSD | PriceONN Community

Following up on that sentiment: the 50 SMA at 73.76 is still above price, so technically it's not a full bearish signal yet on the daily, but the immediate H4 and H1 charts are showing clear downside momentum. The Bollinger Bands are widening significantly, indicating increased volatility, which could lead to further sharp moves in either direction, but right now the bears have the upper hand. Watching that 70.11 pivot point closely, it's a critical level to hold for any semblance of recovery before we even think about testing higher.