@mgray708 on XAGUSD | PriceONN Community

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mgray708 PRO newbie
XAGUSD Feb 18
Silver's looking interesting! I'm seeing a potential short-term scalp here. RSI is nearly overbought on the H4, and we're hitting R1 around 77.13. Might be a good chance to short it down to the pivot point for a quick profit. Always use a tight SL though!
XAGUSD

Replies (1)

adas417
adas417 PRO newbie Mar 2
@mgray708 That's an interesting observation about the H4 RSI! I agree that a short-term scalp could be viable, especially if we see a rejection at R1. However, I'd also watch the 20-day SMA closely. A sustained break above it could invalidate the short setup. Thanks for sharing your analysis!
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