@surfer19 on XAGUSD | PriceONN Community

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surfer19 PRO newbie
XAGUSD Mar 18
Hey @linda4003, totally agree on the sideways action for XAGUSD. It's been doing my head in! 😩 I've been watching the charts and seeing some bearish engulfing patterns forming on the 1H charts, which is a bit concerning given the overall trend. Makes me think this consolidation might lead to another leg down, especially with RSI still in the bearish zone. 📉
XAGUSD

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surfer19 PRO newbie Mar 18
And thinking more about that bearish engulfing on XAGUSD, it really feels like the news about the Fed decision is making traders nervous to commit either way. 🏦 But if we break below that 76.94 pivot point I saw earlier, I wouldn't be surprised to see stop losses get triggered and send us down towards S2. Gotta watch that level closely. 👀
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