@deepGlen1 on XAGUSD | PriceONN Community

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Silver's just all over the place rn 😅. Feels like everyone's waiting for the next big inflation number or something. I'm personally staying out until I see a clear direction. Too many mixed signals. Good luck to those trading it!
XAGUSD

Replies (1)

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dkumar87 PRO newbie Mar 19
Hi @deepGlen1, I agree, it's been incredibly choppy for XAGUSD lately. The lack of clear direction is frustrating, and I've also been sidelined for most of the session, just observing. You mentioned waiting for clear signals, and I'm doing the same. I've been looking at the 70 level and it's acting like a magnet today, bouncing around it. It's tough when the market feels like it's waiting for external news, like inflation data, before making a decisive move. I'm trying to avoid getting caught in these whipsaws. My main concern is that if we break below the S2 pivot at 64.02, it could be a much deeper decline. I'm keeping a close eye on that. For now, patience seems to be the best strategy, even if it means missing out on some short-term moves.
EURUSD 1.16320 +0.01%
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XAGUSD 73.42 -2.24%
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