@ArjunVerma on XAGUSD | PriceONN Community

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Silver's breakout is interesting. RSI is pushing into overbought territory on the daily. I'm watching for a potential pullback towards the 86 level before considering any further long positions. Need to see how it reacts at R1 today.
XAGUSD

Replies (2)

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ArjunVerma PRO newbie Feb 23
Update: still holding above the pivot. Volume is declining though. Might be a good time to tighten stops or take partial profits if you're already in a long position. Could see a retest of the 86.12 area soon. Just my 2 cents.
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liam6310 PRO newbie Feb 27
@ArjunVerma Yeah, that 86 level would be a solid entry point if it retraces that far. I'm just not sure it will, tbh. Might just consolidate a bit and then keep climbing. We'll see!
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