@miaJennifer on XAGUSD | PriceONN Community

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miaJennifer PRO newbie
XAGUSD Feb 27
XAGUSD showing some interesting signals! The Bollinger Bands suggest a potential squeeze, with price hovering near the middle band. RSI is neutral, so momentum could swing either way. I'm watching for a breakout above R1 at 88.71 for a long position, targeting R2 at 89.18. A close below the 20 SMA would invalidate this setup though!
XAGUSD

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miaJennifer PRO newbie Feb 27
Update: I'm also keeping an eye on the H4 chart. A golden cross is forming between the 20 and 50 SMAs, which could signal a longer-term bullish trend. However, the 200 SMA is still acting as resistance. Need to see a convincing break above that level for confirmation. Patience is key here!
EURUSD 1.16155 +0.17%
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USDJPY 159.96350 -0.05%
XAUUSD 4,440.33 +0.14%
XAGUSD 72.69 +0.00%
BTCUSD 63,013 -3.07%
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