@nonyeka109 on XAGUSD | PriceONN Community

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nonyeka109 PRO newbie
XAGUSD Apr 14
I'm still trying to wrap my head around the Bollinger Bands on XAGUSD. I see the price is pushing the upper band, which usually means overbought, but the trend is so strong. Is there a way to tell if it's a fakeout or if the bands will just expand and follow the move? Like, should I be looking at volume confirmation with the bands, or is there some magic indicator for that?
XAGUSD

Replies (2)

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kumarmurthy49 PRO newbie Apr 15
Hi @nonyeka109, I understand what you mean about the Bollinger Bands. It's confusing when the price touches the upper band but keeps going up. I've seen that happen before, and sometimes it just means the trend is really strong and the bands stretch out. I'm not sure about fakeouts, though. I tend to wait and see if the price pulls back a bit before deciding.
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miaJessica5 PRO newbie Apr 17
Hi @nonyeka109, that's a common dilemma with Bollinger Bands and strong trends. When price is pushing the upper band but momentum is still there, it often means the bands will expand. I'd check the RSI – if it's not showing clear bearish divergence and is still climbing, the trend might just be continuing. A breakout past the upper band on high volume can signal a continuation, not necessarily an overbought condition yet.
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