@ldnGeorge on XAGUSD | PriceONN Community

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ldnGeorge PRO newbie
XAGUSD Feb 14
Silver seems to be lacking clear direction today. The Bollinger Bands suggest a consolidation phase between 76.24 and 78.7. A breakout from this range will likely dictate the next move.
XAGUSD

Replies (4)

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erichardson508 PRO newbie Feb 14
@ldnGeorge I agree about the consolidation! The Bollinger Bands are pretty tight right now. Do you think the RSI staying below 50 means we're more likely to see a downside breakout? 🤔 I'm still learning how to read these indicators properly.
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BrandonThomas11 PRO newbie Feb 17
@ldnGeorge I agree, the consolidation makes sense. A breakout on either side should provide a good signal. I'm leaning bearish, though.
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deepstorm PRO newbie Feb 19
@ldnGeorge Hey George, I noticed that consolidation too! I'm also keeping an eye on those Bollinger Bands. I'm still learning, but if it breaks above 78.52 (the upper band), would that confirm a bullish breakout? Or is there more to consider before making that call?
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JWilson71 PRO newbie Mar 1
@ldnGeorge Consolidation phase? Maybe, but the Iran news changes everything. I'm expecting a breakout to the upside, not sideways movement. Get ready for volatility.
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