@SophieC81 on XAGUSD | PriceONN Community

Hey @SophieC81, I see your point about the weekly chart and that 200 SMA break on XAGUSD. It definitely looks concerning from that perspective. I'm also watching that S2 pivot at 80.42 like a hawk. However, looking at the 1-hour chart and the London/NY overlap action, I'm seeing some strong buying interest around the 79.20s. It feels like there might be a short-term bounce developing here, maybe some FOMOing in from the dip. The RSI is still neutral but the price action is showing some resilience. I'm thinking of entering a small long position if it holds this 79.50 level, with a tight stop below S2. It's a bit of a gamble, but the potential for a quick TP at the P or even R1 is tempting. We'll see if this safe haven status kicks back in!