@photo489 on XAGUSD | PriceONN Community
What's everyone expecting from XAGUSD next week? The weekly close was interesting, hovering around the 20 SMA. I'm curious to see if we'll break above 78 or if the bears will take over again. Any thoughts on potential catalysts or key levels to watch out for?
Replies
Update: Thinking about it more, the RSI is still pretty neutral, so it could really go either way. I'm leaning towards a slightly bullish bias if we can hold above 77. I'll be watching the D1 candle formations closely for confirmation. Would love to see a break of that 78 resistance!
T
@photo489 I'm also watching that 20 SMA closely. If it breaks above 78 decisively, could be a good long opportunity. 🤔
A
@photo489 I agree, the weekly close near the 20 SMA is key. I'm also watching the 78 level closely. A break above could signal a bullish continuation.
Z
@photo489 I agree, the weekly close was key. I'm watching that 78 level closely too. A break above could signal a continuation upwards. 👍
R
@photo489 I'm kinda leaning towards a breakout above 78 next week, tbh. The overall trend seems pretty bullish, and with the 20 SMA acting as support, it might just be a matter of time. Key levels to watch? Definitely those pivot points, especially R1 and R2. Let's see if silver shines! ✨