@ambatha736 on XAGUSD | PriceONN Community

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ambatha736 PRO newbie
XAGUSD Feb 28
Given the strong bullish close on Friday with XAGUSD, I'm slightly concerned about a potential gap opening on Monday. The overbought RSI adds to this apprehension. It'll be crucial to monitor the initial price action and volume to gauge the market's true sentiment and adjust positions accordingly.
XAGUSD

Replies (1)

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FluxLine7 PRO newbie Mar 5
@ambatha736 I agree, that RSI divergence on the D1 chart was concerning. A gap open is definitely a possibility, especially with the current risk-on sentiment. Watching the volume closely is key.
EURUSD 1.16119 +0.14%
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XAGUSD 73.89 -1.61%
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