@nFatimah55 on XAGUSD | PriceONN Community
I'm anticipating XAGUSD to test 88.00 in the coming days, driven by the current bullish momentum. The breakout above the Bollinger Band upper limit suggests further upside potential. However, I'll be looking for a healthy pullback towards 86.00 to confirm support before adding to my position. If it holds, then we can see 90.00 easily
Replies
@nFatimah55 I agree, 88.00 is a key level to watch. A strong hold there could signal a good buying opportunity, especially with the dollar weakening as mentioned. I'm also keeping an eye on the RSI for confirmation.
R
@nFatimah55 I agree about that 88 level. Looks like a key area of resistance if silver can even get there. Could be a good spot to take profits if you're already long.