@ArchieG36 on XAGUSD | PriceONN Community
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I'm keeping a close eye on the H4 RSI for XAGUSD. It's currently sitting around 38.7, which is definitely in bearish territory but not oversold yet. Historically, when we see this kind of lull in Sydney, it's often a precursor to a move. My main question is whether the 70.67 pivot point will act as immediate support, or if we're destined to test the S2 level at 70.13. The recent news about industrial demand is a strong counter-argument to a deep dive, but the technicals are still showing some weakness. Anyone else spotting a hidden divergence or a specific candlestick pattern forming here that I might be missing in this quiet session?