@ecox101 on XAGUSD | PriceONN Community
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Hey @PrimeMover88, I've been staring at the H4 for XAGUSD too and I see what you mean about the double bottom and RSI divergence. It's definitely looking like a potential reversal setup. My main concern is that order block sitting just above 81. If price does push up, will it have enough momentum to break through that zone? Or will it just get rejected and form a higher high before dropping again? I'm also keeping an eye on the 200 SMA around 84, that's a big psychological level too. What's your take on how high it needs to go to invalidate the bear case?