@emilyjones65 - XAGUSD | PriceONN Topluluk
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Been watching some analysis on YouTube about this XAGUSD consolidation. One channel was saying that even though the price action looks choppy, the underlying structure is building towards a breakout. They were pointing to the RSI hitting oversold levels on shorter timeframes, suggesting a potential bounce. Another guy on a podcast was talking about how the current price action around the 200 SMA is critical, and if it holds, we could see a significant move up, especially with the dollar weakening after the Fed comments. He mentioned it reminded him of a similar setup from last year before a massive silver rally. It's hard to say for sure with all this noise, but I'm leaning towards bullish if we can break that 72.73 resistance.