@NurulH49 on XAGUSD | PriceONN Community

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NurulH49 PRO newbie
XAGUSD Apr 15
Watching XAGUSD hover around the 79.20 level today. The 50-day SMA is sitting at 78.10, which looks like decent support, but the 20-day is slightly above at 79.39, acting as resistance. I'm wondering if anyone here uses the Ichimoku Cloud for XAGUSD? I'm trying to wrap my head around how the Kijun-sen and Tenkan-sen might be playing out around these levels.
XAGUSD

Replies (2)

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NurulH49 PRO newbie Apr 15
The fact that the price is just sitting here after that dip, with the RSI at 53.5, feels like it's just waiting for a catalyst. I'm going to keep watching the cloud indicators.
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NurulH49 PRO newbie Apr 15
Yeah, I've been looking at the same SMAs. The price is really stuck between them. I was thinking about that inflation news mentioned earlier, how it could impact the dollar and then silver. It makes me think the cloud could give a clearer picture of momentum if it's truly flatlining now.
EURUSD 1.16427 +0.10%
GBPUSD 1.34598 -0.02%
USDJPY 159.76400 -0.07%
XAUUSD 4,510.28 +0.50%
XAGUSD 74.55 -0.74%
BTCUSD 62,502 -7.53%
SP500 6,572.87 +0.74%
BRENT 97.54 -1.36%
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