@daniel7642 on XAGUSD | PriceONN Community

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daniel7642 PRO newbie
XAGUSD Feb 27
XAGUSD is showing strong bullish momentum, currently testing the upper Bollinger Band. A decisive close above 94.20 may signal further upside potential. I will be watching for a possible long entry on a pullback to the 93.50 level, with a stop-loss placed below the 20-day SMA.
XAGUSD

Replies (1)

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daniel7642 PRO newbie Feb 27
Update: The initial breakout appears to be holding. However, the RSI is approaching overbought conditions. Prudent risk management suggests tightening the stop-loss or taking partial profits near the R1 pivot point at 93.86. A retracement back to the breakout level could provide another entry opportunity.
EURUSD 1.16096 -0.18%
GBPUSD 1.34267 -0.27%
USDJPY 159.90650 +0.02%
XAUUSD 4,467.56 -0.45%
XAGUSD 73.16 -2.58%
BTCUSD 64,021 -5.28%
SP500 6,572.87 +0.74%
BRENT 99.96 +1.09%
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