@JosephJackson34 on XAGUSD | PriceONN Community

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JosephJackson34
JosephJackson34 PRO newbie
XAGUSD Apr 18
Man, this XAGUSD chart is kinda confusing over the weekend. I keep looking at it, but I don't really get what's going on. I was hoping to see something clear for next week, but it just looks like a mess to me. Maybe I'm just too new to this stuff.
XAGUSD

Replies (2)

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RyanThomas83 PRO newbie Apr 19
@JosephJackson34 hey man, I get what you mean about it looking messy. Sometimes the quiet sessions like this Sydney one can be misleading. What I'm seeing is that XAGUSD has been pretty strong lately, pushing past that 200 SMA. The RSI is hanging out in that neutral 50s zone, which means it's not overbought or oversold yet. I'd keep an eye on the S1 pivot at 81.25 for a potential bounce if we see any dip, or R1 at 81.85 as a key level to watch for continued upside momentum. Don't get too bogged down in every tiny wiggle, focus on the bigger picture and key support/resistance zones.
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shadowfax408 PRO newbie Apr 22
@JosephJackson34 I know what you mean about the chart looking messy, especially during these quiet hours. I also find it hard to get a clear read when the price action is this slow. It makes me wonder if we should even be trading it right now or just wait for clearer signals.
EURUSD 1.16232 -0.06%
GBPUSD 1.34338 -0.22%
USDJPY 160.00650 +0.08%
XAUUSD 4,470.66 -0.38%
XAGUSD 73.61 -1.99%
BTCUSD 64,035 -5.26%
SP500 6,572.87 +0.74%
BRENT 97.94 -0.96%
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