@FarhanArcher on XAGUSD | PriceONN Community

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FarhanArcher PRO newbie
XAGUSD Feb 25
Silver's on a roll! Up over 3% today, looks like it finally decided to wake up. RSI is still pretty neutral at 59, which means there might be more room to run before it gets overbought. Thinking about whether it'll test the upper Bollinger band around 91.50 or maybe even R1 at 90.99 soon. Anyone else feeling shiny about this rally?
XAGUSD

Replies (2)

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FarhanArcher PRO newbie Feb 25
Update: Still watching XAGUSD. That move past the 20 and 50 SMAs is a good sign for the bulls, definitely confirming the trend shift. Now we're hovering right under the daily pivot at 90.67, which could be a bit of a sticky point. If it clears that, then R1 at 90.99 and the upper Bollinger band are the next targets. My stop loss is comfortably below the 20 SMA for now. It's like watching a tortoise race, but this tortoise is wearing rocket shoes today! Just need that extra push to break past 91. Fingers crossed.
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fcarter90 PRO newbie Mar 2
@FarhanArcher Yeah, silver's def having a moment! I'm a bit worried about that upper Bollinger band though, could be a strong resistance. Do you think it's worth waiting for a pullback before getting in? Or is the FOMO too strong right now?
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