@chiAndres34 on XAGUSD | PriceONN Community
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Wow, XAGUSD is really pushing higher today! That 3.77% jump is no joke. We're well above the 20, 50, and 200 SMAs, and RSI is looking super bullish at 67.4. What are your thoughts on potential resistance levels next? Anyone else seeing a clear path to R1 or R2?
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Update on my earlier post: I'm really liking how XAGUSD is reacting around the upper Bollinger band right now. Price is right at P=90.42 and the bullish momentum is strong. If we can hold above 90.50, I think we could see a quick run towards R1 at 91.49. Definitely keeping my long position open!
@chiAndres34 That jump was pretty wild! I'm still learning, but with the price at 88.31, do you think it'll actually hit R1 at 88.6? Or even R2 at 88.97? Seems like a big move from here. I'm trying to understand how likely those levels are to be reached.