@sfoVictoria46 - XAGUSD | PriceONN Topluluk
Okay, looking at XAGUSD on the hourly, I'm seeing what looks like a pretty clear ascending triangle forming. Price is making higher lows, but resistance is holding around that 79.50 area. It's been consolidating for a while here. If we get a strong break above that horizontal resistance, with good volume, I think we could see a serious push higher. It feels like smart money is accumulating.
Yanıtlar
And you know, if that triangle breaks to the upside, that 79.50 level will likely become new support. I'll be watching for a retest there before considering entry. If it flips and breaks that ascending trendline though, then it's a different story. Could be a bull trap before a move lower.