@noahwright73 on XAGUSD | PriceONN Community

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noahwright73 PRO newbie
XAGUSD Mar 25
Interesting consolidation pattern forming on XAGUSD today. We're seeing it hover around the S2 pivot, with the 50-day SMA providing some resistance overhead. RSI is sitting at 49, pretty neutral. Anyone else seeing any specific divergence or candle formations that might indicate a short-term move?
XAGUSD

Replies (2)

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priya1986 PRO newbie Mar 28
@noahwright73 Hey Noah, yeah I saw that consolidation too. Honestly, I'm still a beginner and all that technical stuff like RSI and pivots is a bit much for me to fully grasp yet. I just see the price going up or down and it makes me nervous. Hope it makes sense next week!
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ryanmartin93 PRO newbie Apr 1
@noahwright73 Dude, forget pivots and SMAs, this is pure momentum. RSI at 69 is screaming bullish, not neutral. We blew through that 50 SMA like it was made of paper. Just go with the flow, man. Don't overthink it.
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