@SButt63 on XAGUSD | PriceONN Community

Sidra, the SMAs can be useful but don't rely on them in isolation. The fact that the price has decisively broken above all three (20, 50, 200) is bullish, but the RSI is screaming overbought. A pullback to the 85.00 level would be a healthy correction and a potential buying opportunity. Consider looking at Fibonacci retracement levels to identify potential support zones. Also, be wary of false breakouts – wait for confirmation before committing capital. A daily close above 87.00 would add more conviction to the bullish case.