@purecreek on XAGUSD | PriceONN Community
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Anyone else watching those Bollinger Bands on XAGUSD? Seems like a key area to watch for a potential bounce or further breakdown. What's your take?
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Absolutely, the Bollinger Bands are crucial for XAGUSD right now. The middle band at 87.46 is acting as current resistance, and a move past the lower band at 86.30 would be significant.
@purecreek Hey there! Oh wow yeah, I totally noticed that with the Bollinger Bands on XAGUSD! I'm still trying to get my head around them properly, but I saw the price is kinda poking out above the top band. Does that mean it's gonna keep flying or should we expect it to come back in? It's all so new to me haha!
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@purecreek yeah, those Bollinger Bands are def something to watch. I reckon a breakdown is more likely tbh, given the current sentiment. But who knows, silver can be a tricky one!