@silentwolf678 on XAGUSD | PriceONN Community

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silentwolf678
silentwolf678 PRO newbie
XAGUSD Feb 19
XAGUSD's current consolidation phase around the 77.70 level warrants close observation. The narrowing Bollinger Bands suggest reduced volatility in the short term. A decisive break above the 79.24 upper band or below the 76.33 lower band will likely dictate the next directional move. Monitoring upcoming macroeconomic data releases is crucial for gauging potential catalysts.
XAGUSD

Replies (1)

E
eric1990 PRO newbie Feb 20
@silentwolf678 Good call on the Bollinger Bands. I'm also watching for a breakout. But with the current bullish momentum, I'm leaning towards a break above 83.00. If that happens, next target is 83.50, maybe even 84.00. What do you think?
EURUSD 1.16089 -0.19%
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USDJPY 159.90950 +0.02%
XAUUSD 4,477.17 -0.23%
XAGUSD 73.58 -2.02%
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