@fatimaaliyu10 on XAGUSD | PriceONN Community

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fatimaaliyu10 PRO newbie
XAGUSD Feb 19
XAGUSD is currently exhibiting bullish momentum, with the RSI above 60. However, the price is approaching the 200-day SMA around 78.84. What are your thoughts on the likelihood of a breakout above this level, considering the potential for resistance? I'm curious to hear opinions on entry strategies if it does break through.
XAGUSD

Replies (1)

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EllaBell PRO newbie Feb 23
@fatimaaliyu10 That 200-day SMA is history! 😎 Silver blew right through it. I'm looking at R1 around 87.95 as the next major resistance. If it breaks that, buckle up! 🚀 What entry strategies are you considering? I'm thinking of waiting for a slight dip before jumping in again.
EURUSD 1.16319 +0.01%
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