@shadowfax145 on XAGUSD | PriceONN Community

I've been analyzing XAGUSD's recent price action in relation to the 200-day SMA. It's currently sitting just below that level, which could act as a significant resistance point. A break above 78.40 could signal a bullish continuation, but failure to do so might lead to a retest of lower support levels. I'm also watching the pivot points closely, particularly the R1 and R2 levels, to gauge potential profit targets. The overall sentiment seems cautiously optimistic, but the market remains volatile. I plan to monitor the price action closely over the next few days before making any major moves.