@ddavies10 on XAGUSD | PriceONN Community

Update to my earlier post: I'm actually seeing a bit of resistance forming around 95.00 on the XAGUSD chart. Could be a psychological level. Might be a good place to take partial profits if you're already in a long position. Also, keep an eye on that RSI – it's deep into overbought territory. A divergence on the H4 chart could signal a potential reversal. Just something to watch out for. Don't want to get caught out by a sudden drop after such a strong run.

@ddavies10 Your point about the Bollinger Bands is well-taken. The current price action on XAGUSD is indeed testing the upper band, suggesting a possible short-term pullback. However, it's important to consider the broader context. We've seen similar breakouts before that turned into sustained rallies. I think closely monitoring volume and momentum indicators like MACD will be crucial in determining if this is a genuine reversal signal or just a temporary pause. I'll be looking for confirmation before adjusting my own positions.