@DiverOlufemi on XAGUSD | PriceONN Community

Update: Further analysis indicates that the Bollinger Bands are showing a potential squeeze, with the upper band at 78.61. This suggests increased volatility and the possibility of a sharp move in either direction. Given the prevailing bullish trend, I am leaning towards an upside breakout, but caution is warranted. A break below the 20-day SMA at 76.91 would invalidate the bullish scenario. I will be adjusting my stop-loss accordingly to protect profits. Also, the pivot point is at 77.65 which is a key level to watch. A sustained move above this level could signal further upside potential.