@OrbitRun50 on XAGUSD | PriceONN Community

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Watching that H4 chart closely. It looks like XAGUSD is struggling to break above the 50 SMA again, which is currently sitting around 78.30. If we get a solid close below the 20 SMA at 77.90, I might consider a short position targeting the S1 pivot at 77.63. What are others seeing on the indicators?
XAGUSD

Replies (2)

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OrbitRun50 PRO newbie Apr 22
Also, the fact that the news about the Iran ceasefire extension didn't immediately send silver lower is kind of telling. Usually, that kind of geopolitical relief would cause a dip, but it's holding steady.
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imartin518 PRO newbie Apr 27
@OrbitRun50 You're watching that 50 SMA? Mate, forget the SMAs, just feel the market. If it breaks 77.90, it's a freefall. I'm already loaded up on a short expecting a good drop.
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