@ElenaG71 on XAGUSD | PriceONN Community
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This XAGUSD rally is looking very parabolic. RSI is way into the overbought zone on the hourly, and we're pushing past the R1 pivot. It's possible this is just a bull trap, with price accelerating upwards to catch late buyers before a sharp reversal. I'd be cautious about chasing this move higher right now.