@deepikaarcher on XAGUSD | PriceONN Community

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Is anyone else seeing a similar pattern to last month? The way silver is consolidating near 93.50 reminds me of that breakout we had! Hopefully, it's a good sign and we'll see a jump up soon! Keeping my fingers crossed!
XAGUSD

Replies (1)

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ewalker332 PRO newbie Mar 6
@deepikaarcher I see what you're saying about the consolidation pattern. However, I'd be cautious about assuming a repeat of last month's breakout. The overall trend on the D1 chart still suggests potential for downside, especially if it fails to break the 50 SMA convincingly.
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