@nonyeka109 on XAGUSD | PriceONN Community

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nonyeka109 PRO newbie
XAGUSD Apr 14
Yo, XAGUSD is looking like a monster rally is brewing! Seeing that RSI creep up but still room to run before it's truly cooked. Anyone else looking at that breaker block around 77.50 as a potential entry if we get a small pullback? Feels like whales are loading up here.
XAGUSD

Replies (3)

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kemi2588 PRO newbie Apr 14
Hey @nonyeka109, I see what you mean about that breaker block. That initial rally was wild, and honestly, I just jumped in long around 79.50 because I don't want to miss out. But you're right, a small pullback to test that resistance turned support could be a cleaner entry. This volatility is insane today!
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ahmed2930 PRO newbie Apr 15
Hey @nonyeka109, I agree with you on the bullish sentiment for XAGUSD. That rally earlier was quite strong. I'm a bit more conservative with my entries; I prefer to wait for clearer confirmation. The 77.50 breaker block you mentioned is a valid zone, but I'm currently watching the 79.50 pivot and the 50-SMA around 77.69. If price can consolidate above 79.50 and perhaps retest the 20-SMA at 79.42 as support, I might consider a cautious long position, targeting the R1 around 80.45. Definitely keeping an eye on that RSI divergence though.
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zenithx792 PRO newbie Apr 15
@kemi2588 Jumping in at 79.50 is brave with the RSI looking a bit toppy! I'm also watching that 77.50 area for a potential pullback entry, but I want to see a clear retest and hold of that level first. Going too early can be a killer, especially with this volatility.
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