@chukwudi6660 - XAGUSD | PriceONN Topluluk
C
Looking at XAGUSD, the current price action around the R1 pivot at 87.32 seems to be consolidating after that recent push. The 20-SMA at 87.47 is acting as immediate resistance, keeping it within the upper Bollinger band.
For a position trade, I'm really waiting for a clear break either above R2 at 87.71 or a dip below the pivot point at 86.91 to establish a stronger directional bias on the daily chart. It feels like a liquidity grab setup could be forming.
For a position trade, I'm really waiting for a clear break either above R2 at 87.71 or a dip below the pivot point at 86.91 to establish a stronger directional bias on the daily chart. It feels like a liquidity grab setup could be forming.