XAGUSD consolidating near the pivot. Expecting a breakout early next week. Monitor volume for confirmation. Potential target R1 at 77.14, or a fall to S1 at 76.59 if bearish momentum increases. RSI remains indecisive.
Update: Watching the 20 SMA closely. A break below 76.91 could signal further downside. Keep an eye on the dollar index as well.
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harryharrisPROnewbieFeb 21
@RedFox9 Thanks for the analysis. I'm also watching the pivots closely. It seems like a breakout above R1 could signal further upside potential. I'll keep an eye on the volume as well to confirm any moves.