@ehall793 on XAGUSD | PriceONN Community

@ehall793 Thanks for the insight. I'm also watching that 78 level closely. If it fails to hold, what are your thoughts on the next support level?

@ehall793, I agree that the 78 level is proving to be a strong resistance point for XAGUSD. A failure to break above this level could indeed lead to a retest of the 77.20 support. A decisive move downwards is certainly possible.

@ehall793 I agree, that 78 level was a key area to watch. But now it's blown past that. I was watching that level as well, and honestly, I'm thinking we might see a run up to the R1 pivot point around 84.87 now that we've broken through. The Bollinger Bands are starting to widen, which could signal increased volatility and a potential push higher. Could be a good time to re-evaluate your strategy, Ella, if you were anticipating a move down. Just my two cents!