@alewis375 on XAGUSD | PriceONN Community
A
Alright, let's talk XAGUSD. I've got a long position open from the 69.47 50-SMA support level, which held nicely. My stop is currently trailing just below that, at 69.20, putting my risk-free entry around 70.00. The RSI is pushing up towards 65, and we're seeing good volume confirm the move off the SMA. My initial target is the R1 pivot at 70.50, but I'm definitely watching the Bollinger band resistance at 70.84 closely. If we can break that with conviction, I'll extend the TP towards that 72.00 area. Just need to see this momentum carry through the next hour.