@daniel96 on XAGUSD | PriceONN Community
Looking at the weekly chart for XAGUSD, that big red candle on Friday is concerning. We broke below the 50 SMA and it looks like we're heading towards that S2 pivot at 66.59. RSI is deep in oversold territory, but that doesn't mean it can't go lower. Will be watching for any signs of consolidation next week, but honestly, this recent news about mining tech roadmaps feels like a distraction from the real price action.