@KaylaThompson on XAGUSD | PriceONN Community

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K
XAGUSD seems to be testing the upper Bollinger Band on the daily chart. A decisive break above 90.00 could signal further upside potential, but I'm wary of a potential pullback given the current RSI levels. Watching closely for confirmation before committing to a larger position. A close below the 20 SMA would invalidate this setup.
XAGUSD

Replies (1)

K
KaylaThompson PRO newbie Feb 27
Update: I'm also looking at the pivot points. R1 at 90.03 is acting as a key resistance level. If XAGUSD can convincingly break above that, I'll consider adding to my long position. Otherwise, I'll be watching for a potential short opportunity if it rejects that level and the RSI starts to decline. Risk management is key here.
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