@ashley7084 on XAGUSD | PriceONN Community

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ashley7084 PRO newbie
XAGUSD Mar 12
I'm honestly a bit confused about XAGUSD right now. The price is below the 20 and 50 SMAs, which usually indicates a downtrend. But the bollinger bands are pretty tight, which suggests a potential breakout is coming. Plus the news about gold holding steady amid geopolitical concerns makes me think silver might follow suit. The RSI is neutral so that's not helping much either. I'm waiting for more confirmation before I commit to anything. Anyone else feeling this?
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EURUSD 1.16387 +0.07%
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USDJPY 159.83450 -0.03%
XAUUSD 4,487.14 -0.01%
XAGUSD 73.89 -1.61%
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SP500 6,572.87 +0.74%
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