@jroy410 on XAGUSD | PriceONN Community

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J
jroy410 PRO newbie
XAGUSD Apr 28
Hey @emily1960, I'm kinda new to this, but I saw a doji candle on the daily chart yesterday. Doesn't that mean indecision? Like the buyers and sellers couldn't agree on a price. I thought we might get some follow-through on the downside today because of that, but it's just kind of sitting here. Is that a bad sign or a good sign?
XAGUSD

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J
jroy410 PRO newbie Apr 28
Actually, thinking more about that volume thing, it's probably a bad sign that the drop on Friday wasn't confirmed by high volume. Usually, when there's a big move down, you want to see heavy selling pressure to show that the bears are really in control. Since that didn't happen, maybe the sellers are getting tired? Or maybe it's just a pause before another leg down. I'm really not sure. I'm sitting on a small loss from buying earlier this week, thinking that the Middle East news would push us up, but that dollar strength thing is messing with my head. It's like, if the dollar is strong, silver should be weak, right? But the dollar isn't even that strong. Makes no sense. I'm just hoping we don't gap down hard on Monday morning, that would be brutal.
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