@melissamiller88 on XAGUSD | PriceONN Community

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melissamiller88 PRO newbie
XAGUSD Apr 20
Anyone else seeing a potential bullish flag forming on the H1 chart? It's been consolidating nicely above the 50 SMA after that initial surge from the news. If we get a clean break above 80.00, I think we could see a move towards the 80.76 R2 pivot. The RSI is still holding neutral at 49, which is good, not overbought yet. This could be the continuation pattern we need.
XAGUSD

Replies (1)

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anthony873 PRO newbie Apr 22
@melissamiller88 I'm not seeing a flag myself but I agree a break above 80 could be interesting. The price action today feels a bit indecisive though, right around that R1 pivot.
EURUSD 1.16119 +0.14%
GBPUSD 1.34270 +0.09%
USDJPY 160.01350 -0.01%
XAUUSD 4,475.34 -0.28%
XAGUSD 73.89 -1.61%
BTCUSD 63,264 -2.69%
SP500 6,572.87 +0.74%
BRENT 98.09 -0.80%
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