@sophiegreen on XAGUSD | PriceONN Community

Friday's close was definitely interesting. The strong bullish move pushed XAGUSD right to R2 pivot level, and bollinger band. The overbought RSI is a concern, but the SMAs are all pointing upwards. I'm thinking it might consolidate a bit early next week before deciding on a direction. A lot depends on how the dollar performs, I think. The weekly chart looks pretty bullish overall, so I'm leaning towards further upside potential, but will watch closely for any signs of weakness. Could be a good swing trade setup forming.