@graywolf on XAGUSD | PriceONN Community

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Hey everyone, I'm watching XAGUSD closely this morning. Is anyone else seeing a potential double top forming around that 84.50 area? The SMA 20 seems to be acting as resistance there too. Just wondering if others are seeing the same thing or if I'm missing something! 🤔
XAGUSD

Replies (1)

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graywolf PRO newbie Mar 5
Update: the price is still hovering right under that 84.50 resistance. If it breaks through, I think we could see a run-up to 85. But if it holds, maybe a short position down to the 83.50 level? What do you guys think? I'm trying to decide whether to wait for confirmation or jump in now!
EURUSD 1.14436 -0.13%
GBPUSD 1.34773 -0.45%
USDJPY 162.42862 +0.16%
XAUUSD 4,001.21 -1.46%
XAGUSD 56.16 -2.73%
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SP500 6,572.87 +0.74%
BRENT 83.79 -0.83%
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