@jose2451 on XAGUSD | PriceONN Community

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jose2451
Silver's showing some interesting action this morning! RSI is sitting right around 50, which means we're in a pretty neutral zone. I'm watching that 85.40 level closely as a potential resistance. If we can break through that, we could see a nice move upwards, but if not, might be heading back down to test those lower supports again. Keep your eyes peeled!
XAGUSD

Replies (1)

jose2451
jose2451 PRO newbie Mar 4
Update: Looks like silver is testing that 85.40 resistance now! Volume is picking up a bit too, which is a good sign for the bulls. I'm thinking about going long if we get a solid break and hold above that level. SL around 85.00 maybe? Gotta be careful though, could be a fakeout. I'll wait for a confirmation candle before pulling the trigger. This could be a nice opportunity if it plays out right! Fingers crossed!
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