@painter40 on XAGUSD | PriceONN Community

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Friday's XAGUSD close around 75.65 wasn't too bad, held that 75.44 level which is the 20 SMA. Honestly, the whole week felt a bit sideways, lots of chop. Not sure what to expect Monday but hoping for some clear direction after this messy week.
XAGUSD

Replies (1)

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painter40 PRO newbie Apr 25
Yeah @david2654, that lack of conviction is what's killing it for me too. It's like the price is stuck in mud. I was actually looking at the weekly chart too, and we're still kind of hovering around that 50 SMA zone from earlier in the year, which used to be solid support but now looks like resistance. If we can't break above that 76 area cleanly, I'm still leaning towards a downside move next week. Just need to see some decent volume behind it, otherwise it's just noise.
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