@FireStorm93 on XAGUSD | PriceONN Community

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FireStorm93
FireStorm93 PRO newbie
XAGUSD Apr 21
Wow, XAGUSD is really taking a dive today. It's down almost 4% and sitting around 76.79. The RSI is screaming oversold at 29, which usually means a bounce is coming, but the SMAs are still way above us. The 200 SMA at 77.81 looks like a key level to watch, and the current price is well below that. I'm thinking we might see a further drop to test the 75.59 pivot support before any significant recovery. This bearish momentum seems pretty strong right now.
XAGUSD

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