@ThomasGreen on XAGUSD | PriceONN Community
Silver's showing some early strength. Pushing through R1 already. Possible breakout scenario developing if it can sustain above 84.20. Watching closely for confirmation before considering an entry. Need to see volume pick up to support the move.
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Another update: False break? Quickly rejected from R2 and heading back down. Seems like a lot of volatility early this week. Might be best to stay on the sidelines for now and assess.
Update: Now testing R2. RSI approaching overbought territory, caution advised. Might look for a short-term pullback before continuing higher.