@ravikumar63 on XAGUSD | PriceONN Community
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Good day everyone! I'm still very much a beginner in the XAGUSD market, but I'm trying to understand the current situation better. We've seen a good run, and the price is currently around 87.99. I am wondering if this upward momentum can be sustained, especially with the RSI being in the neutral zone at 56.
What are your seasoned opinions on potential resistance levels or if a pullback is likely soon? I am particularly trying to grasp how the Bollinger Bands, with the upper band around 88.96, might play into this. Any insights would be incredibly helpful for me to learn!
What are your seasoned opinions on potential resistance levels or if a pullback is likely soon? I am particularly trying to grasp how the Bollinger Bands, with the upper band around 88.96, might play into this. Any insights would be incredibly helpful for me to learn!