@coffee140 on XAGUSD | PriceONN Community
C
Okay, let's talk volume on XAGUSD. People see the price dropping and assume volume confirms it, but it's not always that simple. We've had some decent spikes in volume as it falls, which looks bearish on the surface, but it's not sustained. It feels like choppy, retail-driven selling rather than big institutional dumps. If this was a true bearish conviction move, we'd see much heavier, consistent volume pressing down, maybe clearing out some lower stops aggressively. The fact that RSI is still hovering around 53 suggests there's still some underlying bid or at least hesitation from sellers to go all-in. I'm waiting for a clear order block break or a massive surge in volume on a decisive candle to confirm a real downward trend, otherwise, this could just be noise before a bounce. Honestly, the Middle East stuff should be sending metals higher, so this price action is just weird.