XAGUSD looking interesting. I'm watching for a potential short entry if it fails to hold above the 3890 level. RSI is still bullish, but a divergence on the H4 chart could signal a reversal. SL around 3895, targeting 3875 initially. Just an idea I'm tracking.
Hey @miajackson27, that's an interesting idea about shorting XAGUSD if it fails to hold above 3890. 🤔 I'm personally more bullish on gold right now, but your analysis makes sense. I'm still learning about divergences, so I'll def check out the H4 chart you mentioned. Do you usually wait for confirmation candles before entering a trade based on divergence? Also, what timeframe do you usually use for identifying divergence? 🤔 Thnk you for sharing your trade idea!
