@kthomas301 on XAGUSD | PriceONN Community

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K
kthomas301 PRO newbie
XAGUSD Feb 20
XAGUSD is showing significant bullish momentum, currently overbought on the RSI. While a pullback is possible, the strength of the trend suggests further upside. I'll be watching for a potential break above R1 (83.06) for confirmation to continue the upward trajectory. Aggressive traders might consider a long position with a tight stop loss.
XAGUSD

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K
kthomas301 PRO newbie Feb 20
Update: The Bollinger Bands confirm the volatility, with the price testing the upper band. A close above 83.50 could signal a continuation towards R2. I'm adjusting my stop loss to protect profits in case of a sudden reversal. Keeping a close eye on volume as well.
EURUSD 1.16143 +0.16%
GBPUSD 1.34257 +0.08%
USDJPY 159.96950 -0.04%
XAUUSD 4,439.13 +0.11%
XAGUSD 72.61 -0.10%
BTCUSD 62,824 -3.36%
SP500 6,572.87 +0.74%
BRENT 98.25 -2.66%
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