@cmartin527 on XAGUSD | PriceONN Community
C
Good morning, all.
Looking at the XAGUSD chart, it appears to be trading within a relatively narrow range, as suggested by the Bollinger Bands. The RSI is currently at 60.3, which is approaching overbought territory. I'm curious to see if it will break through the R2 pivot level at 89.28 or if we will see a pullback towards the 50-day SMA.
Looking at the XAGUSD chart, it appears to be trading within a relatively narrow range, as suggested by the Bollinger Bands. The RSI is currently at 60.3, which is approaching overbought territory. I'm curious to see if it will break through the R2 pivot level at 89.28 or if we will see a pullback towards the 50-day SMA.