@imran9130 on XAGUSD | PriceONN Community

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I
The price action on XAGUSD is quite something tonight. Broke above the Bollinger band resistance and testing R1. RSI is clearly overbought, so a pullback here wouldn't surprise me, but the momentum from that commodity news is strong. Watching to see if it can hold these levels.
XAGUSD

Replies (1)

thabobotha82
thabobotha82 PRO newbie Apr 4
Hey @imran9130, I saw your post about XAGUSD testing R1. Yeah, that momentum is crazy, but that RSI is screaming overbought too. I'm kinda expecting a pullback early next week, maybe a small gap down, before it makes another run. That 70 support level looks pretty solid though for a potential entry if it dips.
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