@ifeomaeze on XAGUSD | PriceONN Community
XAGUSD looking kinda bullish to me. RSI above 60, price above the 20 and 50 SMAs. Might be a good time to enter a long position targeting the R1 pivot around 78.32? Still new to this so any thoughts are welcome. Just an idea I'm playing with.
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Update: I'm thinking of setting a tight SL around 77.50 if I go long on XAGUSD. Just in case the bullish momentum doesn't hold. Also, considering the 200 SMA is still above the current price, so there might be some resistance at that level. Need to be careful. What do you guys think?