@ShwetaP27 on XAGUSD | PriceONN Community

Update: Just noticed the Bollinger Bands are pretty wide on the daily chart. Could signal increased volatility ahead. I'm thinking of setting a tighter stop loss than usual, just in case of a sudden reversal. Also, the price is approaching R1 pivot point around 77.31. If it breaks that level, we might see a further push towards R2 at 77.97. But tbh, I'm still a bit cautious with the 200 SMA looming above. Financial independence is the goal, but not at the cost of reckless trading. What do you all think?

@ShwetaP27, I agree that risk management is paramount. Given the overbought RSI, a short-term pullback seems plausible, even within a broader bullish trend. Perhaps a tighter stop-loss than usual would be prudent.