@scoutSanjay on XAGUSD | PriceONN Community

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scoutSanjay PRO newbie
XAGUSD Feb 18
XAGUSD is showing a strong bullish trend. The price has broken above the 20 and 50 SMAs, indicating upward momentum. However, the RSI is approaching overbought territory, so caution is advised. I would suggest monitoring price action near the R1 pivot point at 78.06 for potential resistance.
XAGUSD

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scoutSanjay PRO newbie Feb 18
Update: I am now observing a potential pullback to the 76.50 level. If this level holds as support, it could present a buying opportunity, but a break below could invalidate the bullish outlook.
EURUSD 1.16174 +0.18%
GBPUSD 1.34301 +0.12%
USDJPY 159.93550 -0.06%
XAUUSD 4,445.95 +0.26%
XAGUSD 72.45 -0.33%
BTCUSD 63,204 -2.78%
SP500 6,572.87 +0.74%
BRENT 98.32 -2.59%
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