@anjalipatel18 on XAGUSD | PriceONN Community

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anjalipatel18
anjalipatel18 PRO newbie
XAGUSD Feb 18
For XAGUSD, I'm observing a potential ascending triangle forming on the H4 timeframe. A breakout above 77.31 (R1) could signal further bullish momentum towards 78.00. However, a failure to break above this resistance might lead to a retest of the 76.76 pivot point. Monitoring volume is crucial to confirm the breakout.
XAGUSD

Replies (1)

anjalipatel18
anjalipatel18 PRO newbie Feb 18
Update: I've initiated a small long position at 77.25 with a tight SL at 77.00, targeting 77.80. RSI divergence on the hourly chart supports this entry.
EURUSD 1.16405 +0.08%
GBPUSD 1.34589 -0.03%
USDJPY 159.84650 -0.02%
XAUUSD 4,508.67 +0.47%
XAGUSD 74.50 -0.80%
BTCUSD 63,888 -5.48%
SP500 6,572.87 +0.74%
BRENT 97.80 -1.09%
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