@isabellafernandez65 on XAGUSD | PriceONN Community

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This XAGUSD surge today is insane! I see it breaking 74.00 again, but is there anything holding it back from heading higher? Like, are there any big resistance levels I should be watching out for past R2? Feels like it could just keep going or suddenly reverse.
XAGUSD

Replies (1)

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bilal1991 PRO newbie Mar 31
Seriously @isabellafernandez65, this XAGUSD is wild. It's already above 75.00 now, right on the upper BB. Sure, it's going up, but this feels like a trap. The RSI is screaming overbought, and I bet they're just waiting to trigger all those stop losses above 75.00 before dumping it. Breaking R2 at 75.45? Maybe, but I wouldn't get too comfortable. It's classic manipulation to lure people in before a quick drop.
EURUSD 1.14436 -0.13%
GBPUSD 1.34773 -0.45%
USDJPY 162.42862 +0.16%
XAUUSD 4,001.21 -1.46%
XAGUSD 56.16 -2.73%
BTCUSD 64,630 -0.53%
SP500 6,572.87 +0.74%
BRENT 83.79 -0.83%
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