@agreen945 on XAGUSD | PriceONN Community
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Examining the daily chart, XAGUSD appears to be testing a key support level around the 82.40 mark, coinciding with the S2 pivot. A decisive break below this level could trigger a further sell-off, potentially targeting the 80.00 psychological level. However, the RSI is approaching oversold territory, suggesting a possible short-term bounce. I will be closely monitoring price action around this zone for confirmation of either a breakdown or a rebound. Keep an eye on volume as well; a spike in selling volume would confirm the bearish scenario. I'm also watching for any divergence between price and RSI to signal a potential trend reversal.