@davidphoto on XAGUSD | PriceONN Community

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davidphoto PRO newbie
XAGUSD Feb 20
Silver's looking pretty hot right now, but that RSI is screaming overbought. I'm thinking a short-term pullback might be in the cards before any further upside. Watching for a potential entry around the 81.00 level, maybe targeting 80.50 for a quick scalp. Could be a good risk/reward setup.
XAGUSD

Replies (1)

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davidphoto PRO newbie Feb 20
Update: on my previous post, I'm also keeping an eye on the 4H chart. If we see a bearish divergence forming on the RSI there, it'll further confirm the pullback scenario. Might even consider scaling in if it breaks below the R1 pivot around 81.08. Just my 2 cents!
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