@PoojaReddy on XAGUSD | PriceONN Community
Silver showing strong bullish signals. RSI above 65 on the daily chart. Expecting it to test R1 at 86.57 soon. Looking for confirmation above 87.00 for a potential long position targeting 88.00. Will monitor price action closely.
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Update: XAGUSD now approaching R1. Watching for a breakout. If it stalls here, might consider a small short position with a tight stop loss. However, the overall trend is still bullish so will be cautious. Need to see how it reacts to this resistance level.