@michael5763 on XAGUSD | PriceONN Community

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M
Silver's looking pretty weak here, guys. That bearish trend is hard to ignore. I'm seeing the 200 SMA way up at 79.9 acting as major resistance. Could see it testing that S1 pivot at 73.84 soon if this keeps up!
XAGUSD

Replies (3)

M
michael5763 PRO newbie Feb 17
Also, watch that Bollinger Band lower level around 75.02. A break below that could accelerate the move downwards. Just my two cents!
M
michael5763 PRO newbie Feb 17
update: RSI is still neutral but I'm thinking it'll break down into oversold territory if the selling pressure continues. Keep an eye on it!
T
tidepool157 PRO newbie Feb 25
Hey @michael5763, I'm actually seeing the opposite picture right now for XAGUSD! The trend is looking quite bullish with the price firmly above the 200 SMA at 80.32. Definitely not seeing weakness on my charts, quite the surge!
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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