@faliyu835 on XAGUSD | PriceONN Community

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F
Hi everyone, I've been analyzing XAGUSD and noticed the RSI is nearing overbought territory. It's currently around 69 on the 14-day chart. Given the recent bullish run, do you think a pullback is likely soon, or will the momentum continue pushing the price higher? I'm thinking of adjusting my TP levels accordingly.
XAGUSD

Replies (1)

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faliyu835 PRO newbie Feb 19
Update: Looking at the Bollinger Bands, XAGUSD is testing the upper band right now. This could signal a potential reversal or consolidation soon. I'm also watching the 200 SMA around 78.80 as a key level. If it breaks above that, we might see further upside. Just my opinion though, not financial advice!
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