@ndavis611 on XAGUSD | PriceONN Community

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ndavis611 PRO newbie
XAGUSD Apr 3
Man, that candlestick yesterday looked like a doji right at that resistance level. Usually means indecision, like the bulls and bears are fighting and neither is winning. Wonder if it's gonna break out or reverse from here. Kinda looks like it's starting to drop though...
XAGUSD

Replies (2)

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lachlanscott87 PRO newbie Apr 4
Hey @ndavis611, I saw that doji too. On the weekly chart, it closed right around the 50 SMA, which is currently acting as resistance. My read is that the price action is consolidating, and we could see a test of the 72.07 S2 pivot early next week if the sellers push. Watching to see if that PH7 tech news has any impact on PGM sentiment spilling over.
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OliviaB22 PRO newbie Apr 6
Hey @ndavis611, that doji was weird, right? But honestly, I think the market is just playing games. I saw that silver dipped below $73 earlier on some hawkish Fed talk, but then gold started bouncing on easing tensions. They're just messing with us, trying to grab liquidity on both sides before any real move happens. Classic manipulation.
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