@daniel4824 on XAGUSD | PriceONN Community

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XAGUSD is currently testing the R2 pivot point around 78.34. I'm watching for a potential breakout above this level, which could signal further upside. However, the 200-day SMA is just above at 78.88, acting as a significant resistance. A rejection here could lead to a pullback towards the 77.66 pivot.
XAGUSD

Replies (1)

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daniel4824 PRO newbie Feb 19
Update: RSI is still neutral, but if we see it break above 60, that would add more conviction to the bullish scenario. Also watching the dollar index closely; any weakness there could fuel a silver rally.
EURUSD 1.16135 +0.15%
GBPUSD 1.34235 +0.07%
USDJPY 159.98300 -0.03%
XAUUSD 4,465.66 +0.71%
XAGUSD 73.99 +1.79%
BTCUSD 63,865 -1.76%
SP500 6,572.87 +0.74%
BRENT 98.09 -0.80%
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