@IbrahimBello on XAGUSD | PriceONN Community

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IbrahimBello PRO newbie
XAGUSD Mar 3
XAGUSD is approaching oversold territory on the daily RSI, currently at 31.6. Historically, a bounce has occurred around the 30 level. Watching for bullish divergence on the H4 chart as a potential entry signal. A break below the Bollinger Band lower limit at 81.37 could signal further downside 🤔.
XAGUSD

Replies (1)

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IbrahimBello PRO newbie Mar 3
Update: I'm also monitoring the pivot point S1 level at 78.51 as an immediate support. If price breaks below that, S2 at 75.9 will be the next target 🎯. However, the 200 SMA around 86.68 could act as dynamic resistance on any potential retracement. Risk management is crucial here, don't overleverage ⚠️.
EURUSD 1.16091 -0.03%
GBPUSD 1.35079 -0.04%
USDJPY 156.13050 -0.07%
XAUUSD 4,402.83 -0.63%
XAGUSD 65.78 -0.59%
BTCUSD 79,665 -0.30%
SP500 6,572.87 +0.74%
BRENT 95.03 +0.82%
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