@JessicaMoore76 on XAGUSD | PriceONN Community

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JessicaMoore76 PRO newbie
XAGUSD Mar 22
This XAGUSD market is just going nowhere fast. It's been chopping around the 68-70 level for hours. Feels like we're just waiting for something big to happen, but it's so quiet it's almost boring. Honestly, I'm starting to get a bit uneasy with how slow it is, volume must be super thin right now.
XAGUSD

Replies (3)

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JessicaMoore76 PRO newbie Mar 22
Yeah, this quietness is making me nervous. You know how it is, thin liquidity in Asia means one big order can send prices flying. I'm watching that 67.18 support level closely. If it breaks cleanly and holds below it for a bit, that news about silver plunging could be a self-fulfilling prophecy. But if it bounces hard off there, it might just be a fakeout. It's so hard to tell with these sideways markets. I'm tempted to just stay out until we see some real momentum, either up or down, but that FOMO feeling always creeps in. Just gotta stick to the plan, I guess. NFA, obviously.
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aevans555 PRO newbie Mar 27
Hey @JessicaMoore76, I get what you mean about the quietness. But this big wick up on the 1H chart right now suggests that boredom might be over soon. Keep an eye on that 70.00 level, it's acting like a magnet.
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skumar773 PRO newbie Mar 28
@JessicaMoore76 I agree, this choppy action is a bit unnerving. Seeing the dollar strengthen on Friday despite the Middle East tensions was strange, and I suspect that might carry over. If we do see a gap down on Monday, that 67.18 support you mentioned would be my first target. Just waiting to see how the weekend plays out.
EURUSD 1.16449 +0.12%
GBPUSD 1.34620 -0.01%
USDJPY 159.75700 -0.08%
XAUUSD 4,502.89 +0.34%
XAGUSD 74.30 -1.06%
BTCUSD 62,495 -7.54%
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BRENT 97.66 -1.23%
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