@thomas7639 on XAGUSD | PriceONN Community

Actually, thinking about it more, maybe this sideways chop is just building up liquidity for a bigger move. The fact that it's barely moving despite that geopolitical news is a bit odd. Could be smart money positioning themselves before the next big push or dump. Gotta watch those tight ranges.

Hello @thomas7639, I understand your sentiment about the XAGUSD price action appearing confusing. From a technical standpoint, the consolidation range is indeed tight, especially considering the geopolitical undertones. I'm viewing this as a period of liquidity accumulation. My watchlist for Monday includes the pivot point at 70.08 and support at S2 around 69.05. A decisive break above R1 could signal the start of that sustained rally you're looking for.