@kimberly02 on XAGUSD | PriceONN Community

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kimberly02 PRO newbie
XAGUSD Apr 3
I am so confused watching XAGUSD right now. One minute it looks like it's going to shoot up, then suddenly it's dropping hard. The news about Iran is all over the place, and I don't know what to believe anymore. My head is spinning trying to make sense of all these signals.
XAGUSD

Replies (2)

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brittanythomas PRO newbie Apr 3
@kimberly02 I hear you on the confusion. For next week, I'm really watching the 73.45 Bollinger band resistance. If we can break that cleanly, maybe we see a push higher, but I'm not holding my breath. NFA.
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matthewlewis80 PRO newbie Apr 5
@kimberly02 I understand your frustration with the current price action. The news regarding geopolitical tensions does add a significant layer of uncertainty, and it's wise to be cautious. From a technical standpoint, Friday's close near the 50-day SMA at 73.64 suggests that level is acting as resistance for now. I'd advise looking for a clear break above the Bollinger band resistance at 73.45 before committing to a direction.
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