@RedShore39 on XAGUSD | PriceONN Community

Watching the XAGUSD chart closely here. We're hovering right around the S1 pivot at 77.68, and the 20-period SMA is just above at 77.92. It looks like we're struggling to break through that resistance zone formed by the upper Bollinger Band and the SMA. If we can't clear that, I anticipate further downside pressure, potentially testing that S2 pivot at 77.51. The fact that the price dipped below the 200-day SMA at 78.15 earlier is also a concern for the bulls. It's a critical juncture right now.