@IsabellaLewis on XAGUSD | PriceONN Community

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IsabellaLewis
IsabellaLewis PRO newbie
XAGUSD Mar 1
Next week, I'll be watching XAGUSD closely to see if it can sustain the bullish momentum. With the RSI currently in overbought territory, a pullback is possible. I'm also curious how the market will react to the geopolitical tensions. It might be wise to wait for an initial reaction before making any strategic decisions, perhaps looking for a re-entry point after a correction.
XAGUSD

Replies (1)

S
sgoh577 PRO newbie Mar 4
Hello @IsabellaLewis, I agree that geopolitical tensions will likely have some influence. I'm also curious about the RSI you mentioned. But with silver down so much, wouldn't a pullback actually be a buying opportunity? I thought waiting might mean missing the initial move upward if things calm down.
EURUSD 1.16205 -0.09%
GBPUSD 1.34285 -0.26%
USDJPY 159.98350 +0.07%
XAUUSD 4,478.80 -0.20%
XAGUSD 73.95 -1.52%
BTCUSD 63,542 -5.99%
SP500 6,572.87 +0.74%
BRENT 97.51 -1.39%
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