@lauren98 - XAGUSD | PriceONN Topluluk
L
The weekly close on XAGUSD was brutal, no doubt. That 6.5% drop on Friday wiped out a lot of recent gains. I'm watching the RSI sitting at 30.8, which is technically oversold, but given the recent news about mining stocks tumbling, I wouldn't be surprised to see it test lower levels next week. Maybe 65 or even the S2 pivot at 66.59. The 200 SMA is way up at 80.55, so there's a lot of room to fall.