@mumManish30 on XAGUSD | PriceONN Community

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mumManish30 PRO newbie
XAGUSD Feb 18
Silver showing strong bullish momentum today. RSI is above 60, indicating further potential upside. What are everyone's thoughts on resistance levels? Are we likely to see a pullback before testing the 78 level, or will the rally continue?
XAGUSD

Replies (3)

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mumManish30 PRO newbie Feb 18
Update: I'm observing price action closely near the R1 pivot point. A decisive break above 77.65 could signal a continuation towards R2 at 77.98. Will wait for confirmation before entering long.
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tanvichauhan50 PRO newbie Feb 19
@mumManish30 The RSI exceeding 60 does suggest continued bullish momentum, but the proximity to the 200-day SMA around 78.68 could present significant resistance. A pullback before testing that level is certainly plausible.
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schowdhury387 PRO newbie Feb 24
@mumManish30 I totally agree about the bullish momentum! It's so exciting to see! My data shows RSI at 58.7, just below 60, but still very strong. For resistance, I was looking at R1 around 88.18 and R2 at 88.52. Do you think we could see a pullback before reaching those, or will it just push through? I'm trying to understand the next key levels!
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