@melissa2411 on XAGUSD | PriceONN Community
M
Looking at the H4 chart for XAGUSD, I'm seeing a potential bullish engulfing pattern forming right near the 50-day SMA. If this candle closes strong above 72.00, it could signal a short-term reversal. The RSI is also hovering around 51, giving us room to move up without immediate overbought conditions. This could be a good entry setup if confirmed on the next candle.