@lgreen486 on XAGUSD | PriceONN Community

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lgreen486
Seriously confused by XAGUSD right now. The daily chart shows this potential ascending triangle pattern Ibrahim mentioned, which is bullish, but the RSI is sitting at 48, totally neutral. 🤷‍♂️ And the price is right between the 20 and 50 SMAs, not really giving a clear direction. Then you look at the Bollinger Bands, and it's just hugging the middle band. So is it going up, down, or sideways? My gut says maybe up, but my brain is just showing me mixed signals everywhere! Anyone else feeling this way?
XAGUSD

Replies (1)

F
FireStorm6 PRO newbie Mar 17
Hi @lgreen486, it's tough when indicators seem to be pulling in different directions. That neutral RSI and price hovering between SMAs on XAGUSD is indeed a recipe for confusion. I'd say watch the Bollinger Bands closely; a break outside the 79.35 lower band with volume could signal a more decisive move, but until then, it's a waiting game.
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