@novapoint200 on XAGUSD | PriceONN Community
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Good day everyone! I've been observing XAGUSD closely and it's truly remarkable how much it has gained. The trend is definitely bullish, and it seems to be holding well above the 20-day and 50-day SMAs, which is a very positive sign for investors like myself. The RSI is also quite high at 67, indicating strong buying pressure. I am so optimistic about Silver's potential to continue its upward trajectory! However I am also a bit cautious as it is approaching the upper Bollinger Band and R2 pivot point around 91.2. Do you think it can break through these levels easily, or should we anticipate a minor pullback first? It's all so fascinating!