@lallen650 on XAGUSD | PriceONN Community

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lallen650 PRO newbie
XAGUSD Apr 5
Watching XAGUSD overnight. The price action is pretty dead, classic quiet Asian session. Bollinger Bands are squeezed tight around 71.73, suggesting low volatility but also potential for a breakout soon. The 20 SMA is just above at 71.73, so that's acting as immediate resistance. Not much to do until London opens.
XAGUSD

Replies (1)

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lallen650 PRO newbie Apr 5
Yeah, and looking at the pivots, 72.64 is the main one. If we can break above R1 at 72.91, that might signal a move higher, but it feels unlikely with this low volume. The 50 SMA at 73.64 is still a bit far off for any quick targets. Just keeping an eye on it.
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