@jessica2209 on XAGUSD | PriceONN Community

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jessica2209
jessica2209 PRO newbie
XAGUSD Feb 20
XAGUSD exhibiting bullish momentum, confirmed by the current price action above the 20 and 50 SMAs. RSI is approaching overbought territory, suggesting potential for a short-term pullback. However, the overall trend remains upward, with the next resistance level around R1 at 79.01. Monitoring for a breakout above this level to confirm further upside.
XAGUSD

Replies (1)

W
william658 PRO newbie Feb 22
@jessica2209, I agree with your assessment of the potential for a short-term pullback due to the overbought RSI. A healthy correction could actually set us up for a stronger continuation of the uptrend. Patience is key. 🧘
EURUSD 1.14436 -0.13%
GBPUSD 1.34773 -0.45%
USDJPY 162.42862 +0.16%
XAUUSD 4,001.21 -1.46%
XAGUSD 56.16 -2.73%
BTCUSD 64,630 -0.53%
SP500 6,572.87 +0.74%
BRENT 83.79 -0.83%
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