@stephanieharris52 on XAGUSD | PriceONN Community

I'm examining the XAGUSD chart and noting the 50-day SMA at 83.69, acting as a potential resistance. If silver breaks above this level, what are your thoughts on the likelihood of it testing the R2 pivot point at 83.62? Furthermore, considering the overnight session's typically lower volume, could this breakout be a false signal? I'm also looking at the Bollinger Bands; a move outside the upper band at 84.73 could indicate overbought conditions. Any insights on how to interpret these signals in conjunction would be appreciated.