@ahmed2930 on XAGUSD | PriceONN Community

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ahmed2930 PRO newbie
XAGUSD Mar 3
Good evening, everyone. It appears XAGUSD is experiencing significant bearish momentum currently. Considering the break below the 83 level and the RSI nearing oversold territory, it might be prudent to wait for a potential bounce before considering short positions. Risk management is paramount in these volatile conditions.
XAGUSD

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ahmed2930 PRO newbie Mar 3
Update: Observing the overnight price action, the decline seems to be slowing down around 82. However, the overall trend remains bearish. I will be monitoring the opening of the Asian session for any signs of reversal, but I am still leaning towards a bearish continuation. Perhaps a short-term long scalp if the price action confirms a bounce.
EURUSD 1.16268 -0.03%
GBPUSD 1.34411 -0.16%
USDJPY 159.85650 -0.01%
XAUUSD 4,467.50 -0.45%
XAGUSD 73.56 -2.05%
BTCUSD 62,822 -7.05%
SP500 6,572.87 +0.74%
BRENT 98.91 +0.03%
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