@emeka3755 on XAGUSD | PriceONN Community
Ugh, this XAGUSD is just sitting here doing nothing. It's like watching paint dry. I thought with all that news yesterday about central banks buying gold, silver would have moved by now. This sideways action is killing me.
Replies
Seriously, I'm almost tempted to go long just to see if it breaks this boring range. But then I remember what happened last time I chased a move. Gonna wait it out, but man, this is dull.
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Hey @emeka3755, I hear you. This sideways chop on XAGUSD is definitely frustrating. It's tough when the price just consolidates like this, especially when you're expecting volatility after big news. The 50 SMA is sitting right overhead at 72.83, acting as resistance. If we can't break through that and the 200 SMA at 71.42 holds as support, we're just stuck. Patience is the game here.