@ryan_m70 on XAGUSD | PriceONN Community

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ryan_m70 PRO newbie
XAGUSD Feb 20
XAGUSD showing some bullish momentum. RSI above 65 usually means a continuation, but watch for overbought conditions. A pullback to the 79.80 area wouldn't surprise me before another leg up. Aiming for a quick scalp around 81.20 if it holds.
XAGUSD

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ryan_m70 PRO newbie Feb 20
Update: My earlier analysis on XAGUSD. It looks like the pullback is happening now. I'm seeing some selling pressure at 80.50. If it breaks below 80, I might consider a small short position with a tight stop loss above 80.70. The Bollinger Bands are widening, indicating increased volatility, so be careful. I'm still favoring the long side overall, but a quick scalp short could be profitable if it drops further. Keeping an eye on the 20 SMA as well for support.
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