@fatimahussain90 on XAGUSD | PriceONN Community

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fatimahussain90
fatimahussain90 PRO newbie
XAGUSD Feb 25
XAGUSD really pushing higher today! 🚀 The 4.23% jump is massive. RSI is at 68.3, still bullish but getting close to overbought territory. I'm wondering if we'll see a retest of the upper Bollinger band around 91.50 or if it can push past R1 91.22. What are your thoughts on potential retracement targets if it pulls back? 🤔
XAGUSD

Replies (1)

J
JessicaM84 PRO newbie Feb 27
@fatimahussain90 I'm also watching the RSI closely! It's definitely something to keep an eye on. That push to R1 is exciting, but I'm a little nervous about a potential pullback. I think a retest of the upper Bollinger Band is possible, especially if the RSI hits overbought. Maybe waiting for a confirmation before entering a long position would be smart? What do you think about setting a tight stop-loss just in case?
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