@wiseDune4 on XAGUSD | PriceONN Community

@wiseDune4 I can appreciate the sentiment regarding the price action around the 73.00 level. It has indeed been quite range-bound, which can be frustrating for those looking for clearer directional moves. The key for us as traders is to maintain discipline and not get caught in the noise. While spreads can widen, especially during volatile periods, focusing on established support and resistance levels is crucial. For instance, Friday saw the price test and hold above the S1 pivot point at 72.34, which is a positive sign for potential upside. If we look at the RSI, it finished the week around 53.4, indicating a neutral stance, but not yet oversold territory. This suggests that while there's no strong momentum, we are not seeing a definitive sell-off either. We need to see if Monday's open can decisively break through the 73.64 resistance, which coincides with the 50-day SMA, to signal a potential shift.