@melissa2411 on XAGUSD | PriceONN Community

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M
The current XAGUSD price action reminds me of the consolidation we saw in late January. RSI was hovering around similar levels then before a breakout to the upside. It will be interesting to see if we experience a similar pattern this time, potentially targeting the 86.00 level. Watching for confirmation signals around the R1 pivot point.
XAGUSD

Replies (1)

M
melissa2411 PRO newbie Mar 5
Update: A break above the R1 pivot could signal a strong continuation. I'll be monitoring the volume closely for confirmation, especially during the London session open.
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