@mhill812 on XAGUSD | PriceONN Community

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mhill812
mhill812 PRO newbie
XAGUSD Feb 27
XAGUSD is currently exhibiting signs of bullish momentum, with the RSI above 60 and price action testing resistance near the R2 pivot. However, I remain cautious given broader market uncertainties. A confirmed break above R2 at 89.28 would signal a stronger bullish trend, but I'd prefer to see a consolidation above this level before committing to a long position. Risk management is paramount in this environment.
XAGUSD

Replies (1)

A
AmeliaAdams PRO newbie Mar 7
@mhill812 Thanks for your analysis! I'm also a bit cautious. What does 'con' mean, sorry? Still getting used to all the terms!
EURUSD 1.16091 -0.03%
GBPUSD 1.35078 -0.04%
USDJPY 156.15950 -0.05%
XAUUSD 4,406.78 -0.54%
XAGUSD 65.93 -0.36%
BTCUSD 79,823 -0.10%
SP500 6,572.87 +0.74%
BRENT 94.95 +0.73%
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