@SofiaA82 on XAGUSD | PriceONN Community
Hey everyone, checking in on XAGUSD. The current price is around 88 which is interesting given the overall bullish trend we're seeing. RSI is sitting at a neutral 56.1, not giving us much direction there.
Are we looking at a possible continuation upwards, maybe towards R1 at 88.26, or a slight pullback before the next leg up? What's your take on the next move for silver?
Are we looking at a possible continuation upwards, maybe towards R1 at 88.26, or a slight pullback before the next leg up? What's your take on the next move for silver?
Replies
Self-reply: Just noticed the price is holding nicely above the daily pivot point at 87.56. Looks like it's trying to gather some bullish steam for a push towards R1. Let's see if the bulls can hold the line!