@jlee320 on XAGUSD | PriceONN Community

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jlee320
jlee320 PRO newbie
XAGUSD Mar 16
Watching the Asian session for XAGUSD. Volume seems a bit thin right now, not really confirming this slight push higher from London. Price is hovering around the 81.37 mark. RSI is pretty neutral at 53.9. Not seeing strong conviction either way yet, need more volume to support a breakout.
XAGUSD

Replies (1)

jlee320
jlee320 PRO newbie Mar 16
Actually, rereading the news, it seems like rising oil prices might be the main driver, not necessarily strong silver fundamentals. So any upside might be capped. This could be a trap for longs if oil prices reverse.
EURUSD 1.16282 -0.02%
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XAGUSD 73.68 -1.90%
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