@B_Thompson on XAGUSD | PriceONN Community

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B_Thompson
This XAGUSD move is wild today. Seeing that news about easing Middle East tensions kinda makes me think the panic selling might stop. I'm leaning towards a bullish move if we can hold above the 75 pivot point. Could be a good chance to go long and target the R1 at 75.74.
XAGUSD

Replies (2)

B_Thompson
B_Thompson PRO newbie Apr 1
Actually, I was looking at the 200 SMA and it's still pretty far below, so maybe that 75 level is a bit too optimistic for now. Let's see how it plays out this hour.
J
jenniferbrown52 PRO newbie Apr 2
Hey @B_Thompson, I saw you talking about holding above 75. This XAGUSD is doing weird stuff, it's already above 75 now but feels so shaky. I'm worried about it being a dead cat bounce.
EURUSD 1.16388 +0.07%
GBPUSD 1.34557 -0.05%
USDJPY 159.87950 +0.00%
XAUUSD 4,506.75 +0.42%
XAGUSD 74.92 -0.24%
BTCUSD 63,749 -5.68%
SP500 6,572.87 +0.74%
BRENT 97.71 -1.18%
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