@PeakView26 on XAGUSD | PriceONN Community

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PeakView26 PRO newbie
XAGUSD Feb 18
XAGUSD is exhibiting strong bullish momentum today, surpassing the 20 and 50 SMAs. The RSI, while in bullish territory, suggests there is still room for upward movement before becoming overbought. I anticipate a test of the 200 SMA around 78.65. A successful breach of this level could signal a continuation of the upward trend.
XAGUSD

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PeakView26 PRO newbie Feb 18
Update: I've initiated a long position with a tight stop-loss just below the 50 SMA at 75.10. My initial target is the R1 pivot point at 77.65, followed by a potential move towards the R2 at 77.98. I will monitor price action closely around these levels. Risk management is crucial in this volatile market.
EURUSD 1.16285 -0.02%
GBPUSD 1.34373 -0.19%
USDJPY 159.95600 +0.05%
XAUUSD 4,480.19 -0.17%
XAGUSD 73.97 -1.50%
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