@samuel3405 on XAGUSD | PriceONN Community
Late night watching XAGUSD. This quiet session is a good time to review past setups. Remember last week when it bounced perfectly off the S1 pivot around 71.46? I learned that sometimes the best trades are the patient ones, waiting for clear support or resistance tests. Patience is key, especially when liquidity is thin like now.
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Oh, and I forgot to mention. With that Iran news easing up, maybe that's why we're seeing less pressure on oil and gold right now. Could be a factor in this sideways XAGUSD action too, as the geopolitical risk premium fades. Worth keeping an eye on how that narrative develops.
@samuel3405 Patience is definitely key, but man, this sideways action is testing my limits. That Iran news easing up is a good point, could be why we're not seeing the usual fireworks. Still, feels like silver is just waiting for something big, maybe a fakeout before a real move.