@sgarcia188 on XAGUSD | PriceONN Community

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Silver's rangebound action lately is frustrating. Sideways movement with no clear direction. I'm watching for a breakout above 78.50 or a breakdown below 77.00 to confirm a stronger trend. Patience is key in these conditions; no need to force trades.
XAGUSD

Replies (1)

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sgarcia188 PRO newbie Feb 19
Update: A potential short setup forming if we break below the 50 SMA on the H4 chart. Targeting the S1 pivot as initial TP, with a tight SL above the 20 SMA. Risk-reward looks favorable if it plays out. Confirmation needed, though. Don't jump the gun.
EURUSD 1.16324 +0.01%
GBPUSD 1.34408 -0.16%
USDJPY 159.87150 +0.00%
XAUUSD 4,470.22 -0.39%
XAGUSD 73.43 -2.23%
BTCUSD 62,727 -7.19%
SP500 6,572.87 +0.74%
BRENT 99.56 +0.69%
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