@imran9130 on XAGUSD | PriceONN Community
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The price action on XAGUSD is quite something tonight. Broke above the Bollinger band resistance and testing R1. RSI is clearly overbought, so a pullback here wouldn't surprise me, but the momentum from that commodity news is strong. Watching to see if it can hold these levels.
Replies
Hey @imran9130, I saw your post about XAGUSD testing R1. Yeah, that momentum is crazy, but that RSI is screaming overbought too. I'm kinda expecting a pullback early next week, maybe a small gap down, before it makes another run. That 70 support level looks pretty solid though for a potential entry if it dips.