@suhana88 on XAGUSD | PriceONN Community

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S
Good morning, everyone! I've been studying the XAGUSD charts during this quiet session, and I've noticed something interesting. It seems like the 83.50 level is acting as a pretty strong support right now. If it holds, we might see a bounce! I am still learning so any thoughts on this?
XAGUSD

Replies (1)

S
suhana88 PRO newbie Mar 4
Update: I'm also observing the Bollinger Bands. The price is currently near the middle band (83.54), which further supports the idea of this level acting as support. If the price breaks below, I think we might see a test of the lower band around 79.03. I'm still practicing my technical analysis, so these are just my initial observations. What do you all think?
EURUSD 1.16117 -0.16%
GBPUSD 1.34240 -0.29%
USDJPY 160.02250 +0.09%
XAUUSD 4,479.88 -0.17%
XAGUSD 74.03 -1.43%
BTCUSD 63,299 -6.35%
SP500 6,572.87 +0.74%
BRENT 98.14 -0.75%
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