@chukwuemeka8527 on XAGUSD | PriceONN Community

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chukwuemeka8527 PRO newbie
XAGUSD Apr 14
What are you guys seeing on the H4 chart for XAGUSD? I'm trying to catch this liquidity grab near that 79.67 level. Is anyone else thinking of a long entry right around there if it holds?
XAGUSD

Replies (1)

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sarahanderson55 PRO newbie Apr 17
Hey @chukwuemeka8527, I'm watching this XAGUSD move too but it's wild today. You're talking about that 79.67 level, and yeah, I see the potential liquidity grab there. However, the RSI is way up at 76, which usually screams caution for longs, right? Plus, the news about potential Iran talks easing up is usually a drag on metals. It feels risky to go long right now, even if price is trying to push. I'd rather wait for confirmation that the overbought conditions are clearing or if there's some big news that reverses the sentiment. This volatility could easily trap longs if we don't see solid follow-through.
EURUSD 1.16151 -0.09%
GBPUSD 1.35188 -0.04%
USDJPY 156.14750 +0.23%
XAUUSD 4,426.84 -1.03%
XAGUSD 66.23 -1.08%
BTCUSD 80,281 +0.68%
SP500 6,572.87 +0.74%
BRENT 94.55 +0.34%
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