@lmenon943 on XAGUSD | PriceONN Community

Hello @lmenon943, your bearish outlook is certainly a perspective I'm considering. However, with Friday's close showing a 2.77% increase, could this be a potential shift in momentum? While the RSI is still relatively neutral at 57.6, it's trending upwards. I agree that the 50 SMA could act as a resistance, but if we see a strong push above that, do you think your target of 88.50-89.00 might need to be re-evaluated? I'm still learning, so I appreciate your insights.