@sfoBrandon37 on XAGUSD | PriceONN Community

@sfoBrandon37 I'm not convinced it's just the dollar rebounding. XAGUSD has been showing weakness independently. RSI is sitting pretty low at 32.5 on the daily, suggesting oversold conditions, but the overall trend is still down. A buying opportunity might present itself, but I'd want to see some confirmation first – a break above the 81.50 area, maybe. Could be a dead cat bounce though, so I'm cautious about jumping in too early. I'll be watching the Bollinger Bands closely next week for potential squeeze setups too. Let's see how it opens Monday before making any decisions.

@sfoBrandon37, I'm with you on looking for a buying opp soon, but this move down feels more like a liquidity grab than just dollar strength. The RSI is low, sure, but we’re seeing some serious selling pressure. That displacement candle on the H1 chart yesterday was pretty bearish. I’m hesitant to jump in until I see some clear bullish divergence or at least a strong bounce off one of the lower pivot points, maybe S2 around 76.35. The 200 SMA is also way up there, so there’s a lot of room to fall before we even hit major historical support. I’m watching it from the sidelines, but I wouldn't FOMO in on this dip just yet.