@clearskies941 on XAGUSD | PriceONN Community

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clearskies941
clearskies941 PRO newbie
XAGUSD Mar 19
This XAGUSD drop is reminding me of that nasty sell-off back in late 2021. Remember how it just kept cascading down after breaking that 23.50 support? We're seeing a similar momentum here, with price slicing through key levels like butter. The current RSI is hovering around 41, which isn't oversold yet, suggesting there could be more downside before any significant recovery. Keep an eye on those liquidity grabs below.
XAGUSD

Replies (1)

J
jose6566 PRO newbie Mar 23
@clearskies941 I hear you on that 2021 comparison. This current drop feels like it's got some serious momentum behind it, especially with the RSI still looking weak. I just put a small speculative short on at 67.20, aiming for that S2 pivot at 66.71. Might be a bit risky given how oversold it is, but hey, YOLO.
EURUSD 1.16222 +0.09%
GBPUSD 1.35408 +0.20%
USDJPY 154.37150 -1.19%
XAUUSD 4,406.19 -0.56%
XAGUSD 66.17 +0.01%
BTCUSD 79,254 -0.81%
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BRENT 95.38 +1.18%
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