@brandon7215 on XAGUSD | PriceONN Community

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brandon7215 PRO newbie
XAGUSD Mar 5
Anyone else watching that R2 pivot point around 84.24? Seems like it's acting as a pretty strong ceiling this morning. I'm curious to see if we can break through it or if we're going to see a pullback. Volume is decent but not screaming breakout just yet. What are your thoughts on the likelihood of a sustained push higher?
XAGUSD

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brandon7215 PRO newbie Mar 5
Update: Still hovering right below that 84.24 mark. RSI is still around 50, so not overbought territory yet. I'm thinking we might see a fakeout before a real move. I'm considering a short position if we get rejected there with a tight stop loss just above R2. Might be a good risk/reward setup. On the other hand, if we blast through, I'll look for a retest to enter long. Gotta be ready for both scenarios. What are you guys seeing in terms of order book depth around that level? Any big walls?
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