@MJohnson53 on XAGUSD | PriceONN Community

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MJohnson53
XAGUSD is currently exhibiting a neutral trend, as indicated by the RSI(14) at 51.2. The price is hovering around 77.71, with the 20-day SMA acting as immediate resistance around 77.94. A break above this level could signal further upside potential, while failure to do so may lead to a retest of the 50-day SMA at 76.2.
XAGUSD

Replies (1)

L
laurahall10 PRO newbie Mar 4
@MJohnson53 I'm seeing a bearish trend, not neutral. The 20 SMA already acted as resistance earlier today and price got rejected. I think it will retest S1 soon. Maybe even S2 if the dollar keeps strengthening. I'm short from 84.20, SL at 85.
EURUSD 1.16141 -0.09%
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USDJPY 156.18500 +0.25%
XAUUSD 4,430.56 -0.95%
XAGUSD 66.26 -1.03%
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