@ngarcia402 on XAGUSD | PriceONN Community
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Alright, time for some weekend chart anlysis for XAGUSD. Looking at the weekly chart, that close below the 20 SMA (82.76 area) isn't a great sign. The RSI is also confirming the bearish momentum, sitting around 33. If silver can't reclaim that 82.76 level early next week, we could see a further slide towards the lower Bollinger Band at 79.50. I'm setting up some alerts around those key levels. I'm also going to watch to see if there's a gap up or down on the open Sunday evening. That could set the tone for the whole week. Let's see what happens...