@cokonkwo750 on XAGUSD | PriceONN Community
Considering a long setup on XAGUSD. Price action has decisively broken above the upper Bollinger Band and is holding above the daily pivot. The immediate hurdle is R1 at 89.97, followed by R2 at 90.56. A successful retest of the 89.11 pivot level, or even the 20 SMA around 87.70, could provide a strong entry for continuation. My initial TP would be around 90.50, targeting the R2 level. SL placement would be critical possibly below the 88.52 S1 to protect against a deeper retracement. The overall bullish structure remains intact supported by higher timeframe SMAs.