@kevinrobinson48 on XAGUSD | PriceONN Community

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K
Alright folks, let's talk XAGUSD! I'm seeing a potential breakout forming here. We've been consolidating for a while, and with the RSI hinting at some upside momentum, I think we could see a push towards 79 soon. Keep an eye on those Bollinger Bands too, a break above the upper band could signal a strong buy!
XAGUSD

Replies (1)

K
kevinrobinson48 PRO newbie Feb 19
Update: Just added to my XAGUSD position! I'm targeting 79.50 initially, with a stop loss around 78. I know some are still bearish, but I'm betting on the long-term fundamentals here. I think silver is undervalued, and this could be the start of a major rally. Of course, risk management is key, so I'm only risking a small percentage of my capital. Let's see if this plays out! I'm considering adding more if we break through the resistance at 79.50 and hold above it. What do you guys think? Am I being too aggressive?
EURUSD 1.14436 -0.13%
GBPUSD 1.34773 -0.45%
USDJPY 162.42862 +0.16%
XAUUSD 4,001.21 -1.46%
XAGUSD 56.16 -2.73%
BTCUSD 64,630 -0.53%
SP500 6,572.87 +0.74%
BRENT 83.79 -0.83%
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