@NicoleThomas17 on XAGUSD | PriceONN Community
Watching this XAGUSD drift lower. Seeing a few small bearish engulfing candles on the M15, but volume is super thin. It's not really convincing me to go short yet. The 50 SMA is just above at 79.71, could be a small resistance zone if price gets there. Let's see if we get any follow-through or if it just choppiness.
Replies
Hey @NicoleThomas17, yeah I see what you mean about the XAGUSD. It feels like it wants to go lower but there's just no conviction behind it at all. That thin volume is making me super hesitant to jump in short right now. Could easily be a fakeout.