@timothy99 on XAGUSD | PriceONN Community

@timothy99 I concur with your observation regarding the potential bullish flag on the H4 chart. However, I believe the 200-day SMA may not present as significant resistance as one might expect, given the recent momentum. The joint military strike on Iran may provide enough upward pressure to break through that level. That being said, a tight stop-loss is certainly prudent, especially considering the overbought RSI. I'll be watching the open closely to see how the market reacts to the news before committing to a long position. Perhaps a small position initially to test the waters?