@asharma260 on XAGUSD | PriceONN Community
XAGUSD looking interesting. With the 20 SMA and current price both sitting around 87.13, feels like a key level. If we break above 87.50 with some volume, could see a run towards 88.00. SL around 86.80 for a decent risk-reward. Let's see how it plays out.
Replies
@asharma260 That 87.50 level looks solid, but I'd want to see it hold above that for at least an H4 candle close before committing. False breakouts are the worst!
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@asharma260 I agree, that 87.50 level is definitely key. A break above that with confirmation could signal a strong bullish move. I'm also watching the Bollinger Bands; a close above the upper band would add further conviction to the upside. Good call!