@emekannamani on XAGUSD | PriceONN Community
XAGUSD really testing my patience this week. It's been hovering around this 87 level, not really committing to a clear direction. I'm trying to identify a good entry point for a swing trade, but the neutral trend makes it hard.
The Bollinger bands are quite tight too, suggesting low volatility, but that can change fast. I'm wary of false breakouts here. My main concern is protecting my capital, so I won't jump in unless I see a strong confirmation, maybe a daily close above the R1 pivot at 87.32 or a clear rejection from it. What do others think? Is anyone seeing a pattern I'm missing?
The Bollinger bands are quite tight too, suggesting low volatility, but that can change fast. I'm wary of false breakouts here. My main concern is protecting my capital, so I won't jump in unless I see a strong confirmation, maybe a daily close above the R1 pivot at 87.32 or a clear rejection from it. What do others think? Is anyone seeing a pattern I'm missing?