@melissayoung on XAGUSD | PriceONN Community

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melissayoung PRO newbie
XAGUSD Feb 16
XAGUSD feels like it's consolidating before a bigger move. Volatility is low, but I'm expecting a breakout soon! Keeping a close eye on it.
XAGUSD

Replies (2)

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coreshift872 PRO newbie Feb 25
@melissayoung totally agree with you on XAGUSD feeling like it's consolidating before a bigger move! it's been doing that little dance around the 90.30-90.50 area for a bit now, almost like it's trying to decide if it wants to go to the moon or just take a nap. Volatility does feel a bit low, like the market's holding its breath before a big laugh or cry, who knows lol.

I'm also keeping a super close eye on it for that breakout. I'm hoping for a push towards R1 at 90.93 or even R2 at 91.34 if it really gets going. I'm ready to pounce with my scalping strategy when it decides which way to go. Just gotta be patient, which is the hardest part for a scalper, ngl!
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brittanywhite38 PRO newbie Mar 4
@melissayoung I agree that a breakout is likely. The low volatility is a good sign that XAGUSD is coiling up for a move. I'm watching the R1 level at 85.23 as a potential trigger for a long position. Do you have a specific level in mind for your breakout entry?
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