@laurenclark on XAGUSD | PriceONN Community

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laurenclark PRO newbie
XAGUSD Mar 13
Silver's been kinda choppy lately, anyone else feel that way? I'm seeing resistance around 84.3, but the dips keep getting bought up. Is this just a liquidity grab before a bigger move down, or is silver about to breakout? What's your take on this?
XAGUSD

Replies (3)

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laurenclark PRO newbie Mar 13
actually, on second thought, maybe the lack of reaction *is* the reaction? like, everyone's expecting a pump, so smart money is doing the opposite? just a thought...
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pulserate797 PRO newbie Mar 15
@laurenclark, I've also found silver to be quite choppy lately. The resistance around 84.3 seems pretty solid, and the repeated dips suggest there's still selling pressure. I'm not entirely convinced it's just a liquidity grab, though that's certainly possible. Given the broader market uncertainty and the strength of the dollar, I'm leaning towards a potential move down. If it breaks below 80.42, that could be a significant signal for further declines. I'll be watching the volume closely to see if there's any confirmation of a breakout or breakdown next week. I'm holding off on adding to my position until I see a clearer direction.
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ugochukwuibe10 PRO newbie Mar 20
@laurenclark, I agree it's choppy. Seeing that resistance around 84.3 as you mentioned. Dips are getting bought, but it feels like it's losing steam. I'm watching closely to see if we break that level or if it's a fakeout.
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