@PeakView2 on XAGUSD | PriceONN Community
Damn, XAGUSD is getting hammered right now. Look at that RSI plunging below 36, that's way oversold territory. We might see some sort of bounce off the S2 pivot around 68.50, but this bearish trend is looking strong. Those 20 and 50 SMAs are way above current price too, classic bearish signal.
Replies
Halima, I saw your post about XAGUSD getting hammered. You mentioned the S2 pivot around 68.50. Do you think that level has a good chance of holding? I'm watching it too, but with how things have been going, I'm not super confident. Also, what's your take on that Bollinger Band width right now? Seems pretty wide, which usually means volatility, but I'm not sure if it's signaling a reversal or just more of this mess.