@ngarcia402 on XAGUSD | PriceONN Community
N
Alright, weekend strategy time 🧠. I'm thinking XAGUSD might pull back a bit on Monday after that big jump on Friday. RSI is screaming overbought 🚨. Gonna watch for a dip towards the 84 level before considering any new longs. Maybe even a small short scalp if the opportunity presents itself. 🤔 Let's see what happens!
Replies
@ngarcia402 Hey Noah, appreciate you sharing your thoughts on XAGUSD. Interesting point about the RSI, but on my D1 chart it's actually sitting pretty neutral, around 49. It's not screaming overbought for me, so maybe you're looking at a shorter timeframe? A dip all the way to 84 feels a bit ambitious from here; I'd be watching the 88.50 area more closely for a potential bounce or break. Good luck with the scalps though!