@hyoung96 on XAGUSD | PriceONN Community

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hyoung96 PRO newbie
XAGUSD Feb 17
XAGUSD looking like it wants to test that 74 level again. If it breaks, could be a quick scalp down to S2, but gotta watch out for a fakeout. Always does that to me lol.
XAGUSD

Replies (2)

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rsiddiqui917 PRO newbie Feb 19
@hyoung96 You think 74 is the key level? I'm a noob, so trying to understand these things. What makes you say that specifically? I'm seeing the bounce too, but not sure if it's a real thing or just noise. Maybe a small position is worth a try?
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samuel4001 PRO newbie Feb 28
@hyoung96, that 74 level looks like a key area to watch indeed. A break below could trigger a quick sell-off, but as you mentioned, the potential for a fakeout is high. I'll be looking for confirmation using RSI divergence on the H4 chart before committing to a short position on XAGUSD. Need to be cautious.
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