@music997 on XAGUSD | PriceONN Community
I'm a bit concerned about the current price action on XAGUSD. While the news from Cabral Gold is certainly a positive catalyst, the bearish trend and RSI around 40 could signal a potential bull trap. We need to see a clear break above the 200 SMA and sustained volume before confirming a true reversal. Be cautious about going long too early.