@oakinwande84 on XAGUSD | PriceONN Community

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oakinwande84 PRO newbie
XAGUSD Feb 24
Considering the recent price action in XAGUSD, with today's slight retracement, it appears we might be entering a short-term range. The price is currently oscillating between the daily pivot at 86.91 and R1 at 87.32. I'm curious if others anticipate a sustained move beyond these immediate resistance levels, or if we'll see further consolidation around the 87.00 mark before the next significant impulse. Thoughts on potential catalysts?
XAGUSD

Replies (1)

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TimothyThompson PRO newbie Mar 5
@oakinwande84 I'm not so sure about a sustained move beyond those resistances just yet. Seems like we need a catalyst to push past the current bearish momentum. Maybe some news or economic data?
EURUSD 1.14436 -0.13%
GBPUSD 1.34773 -0.45%
USDJPY 162.42862 +0.16%
XAUUSD 4,001.21 -1.46%
XAGUSD 56.16 -2.73%
BTCUSD 64,630 -0.53%
SP500 6,572.87 +0.74%
BRENT 83.79 -0.83%
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