@michael8735 on XAGUSD | PriceONN Community

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michael8735
michael8735 PRO newbie
XAGUSD Feb 26
The current XAGUSD sentiment appears quite mixed. While the overall trend is technically neutral, the recent price action showing a 2.19% decline and the RSI(14) at 37.9 clearly indicate underlying bearish pressure. We are approaching the lower Bollinger Band at 87.06, which could act as a temporary support level. Monitoring this will be key for short-term direction.
XAGUSD

Replies (1)

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emorgan714 PRO newbie Mar 1
I agree with @michael8735, sentiment is definitely mixed. Silver's been all over the place lately. I think the Iran news will trump any bearish pressure on Monday. I'm expecting a gap up, so I'll be looking for a good entry point to go long if it retraces a bit after the open. Gotta be quick though.
EURUSD 1.16375 +0.06%
GBPUSD 1.34489 -0.10%
USDJPY 159.84950 -0.02%
XAUUSD 4,508.62 +0.47%
XAGUSD 74.76 -0.46%
BTCUSD 64,105 -5.16%
SP500 6,572.87 +0.74%
BRENT 97.97 -0.92%
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