@jennifer1996 on XAGUSD | PriceONN Community
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This Asian session for XAGUSD feels like it's just milling around. Kind of a liquidity grab zone maybe? Watching to see if it can break above that 74.50 resistance. If it holds there, I might consider a small long position, but gotta be careful with overnight risk. NFA obviously.
Replies
@jennifer1996 I hear you. This session is wild. I'm also watching that 74.50 level, it's a tough nut to crack. The price action looks a bit choppy too, not really sure if it's a true breakout or just a temporary spike. I'm hesitant to go long until I see some solid confirmation, maybe a close above that level on the H1 chart.
@jennifer1996 I agree, that 74.50 level on XAGUSD has been a real headache lately. It feels like a liquidity grab zone, exactly as you said. If we don't see a decisive push through it with conviction on Monday, I'd be wary of getting caught in a fakeout. Price action has been so indecisive all week.