@jackphoto on XAGUSD | PriceONN Community

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J
jackphoto PRO newbie
XAGUSD Feb 18
Silver's caught in a bit of a squeeze between those SMAs. The 200-day at 78.43 is acting like a ceiling, while the 20-day at 73.68 is a soft floor. I'm watching for a breakout in either direction to confirm a trend. Until then, it's just noise, imo. Could be a good scalping opportunity tho.
XAGUSD

Replies (1)

christopher1993
christopher1993 PRO newbie Feb 26
@jackphoto I agree it feels like noise right now. You mentioned the 20 and 200 day SMAs. I'm still learning, but are those good indicators for longer-term trends on XAGUSD? I'm trying to figure out how to spot those breakouts you mentioned.
EURUSD 1.16230 -0.07%
GBPUSD 1.34343 -0.21%
USDJPY 160.00450 +0.08%
XAUUSD 4,469.95 -0.40%
XAGUSD 73.62 -1.97%
BTCUSD 64,020 -5.28%
SP500 6,572.87 +0.74%
BRENT 97.82 -1.07%
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