@ocook143 on XAGUSD | PriceONN Community
O
The weekly close on XAGUSD is interesting. We've seen a strong push upwards, closing near the R1 pivot point at 84.65. However, the 200-day SMA at 87.24 looms overhead. Next week will likely be pivotal in determining whether this rally has legs or if it's just a temporary bounce before further downside. A gap up on Monday could signal continued bullish sentiment.