@karanmalhotra14 on XAGUSD | PriceONN Community

Ya, and the price action today is just so sluggish. Even with the RSI screaming oversold, there's no real displacement or buying pressure yet. Feels like we're just stuck in this range.

Hey @karanmalhotra14, I feel you on that tug of war vibe. This XAGUSD price action is wild today, bouncing around like crazy. You mentioned the SMAs showing resistance, which is true, but that inflation news yesterday really pushed the dollar down hard, and silver just ate that up. I saw a massive order block forming around 78.50, and it looks like we just grabbed liquidity above it and shot up. I'm thinking this bullish momentum might just keep going, especially with the US session heating up. If we can break that R1 pivot at 79.35, I reckon we're heading for that 79.67 resistance and maybe even higher. Don't let those SMAs scare you too much when there's such strong news driving the price action. Might be worth a shot to go long here if you're feeling it. NFA though, just my two cents.

Hey @karanmalhotra14, I feel you on that tug of war vibe. This XAGUSD price action is wild today, bouncing around like crazy. You mentioned the SMAs showing resistance, which is true, but that inflation data must be giving it a serious push upwards. I'm looking at that 80.50 level, feels like it could be the next target if we break through this initial chop. Let's see if that buying pressure holds!