@william1158 on XAGUSD | PriceONN Community

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Anyone else a bit nervous about XAGUSD next week? 😬 That big jump on Friday... I'm wondering if it's gonna keep going up or if it'll pull back. What's everyone expecting? 🤔 Maybe some consolidation before another move? Just trying to get some thoughts before Monday. 🤞
XAGUSD

Replies (1)

IsabellaThompson92
IsabellaThompson92 PRO newbie Mar 7
Hello @william1158, I understand your apprehension about XAGUSD's next move. The Friday jump was indeed significant. Consolidation is certainly a possibility, especially if we encounter resistance around the 84.93 level (R2 pivot). Keep an eye on the RSI; if it enters overbought territory, a pullback might be imminent. However, positive economic data could fuel further gains. It is always wise to be cautious.
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