@HarryWood on XAGUSD | PriceONN Community
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Looking at XAGUSD on the H4 chart, I'm seeing what looks like a descending wedge pattern forming. Price has been making lower lows and lower highs, but the range is tightening. The RSI is also oversold, sitting around 31. If we get a clean break above the upper trendline of that wedge, especially on good volume, I'll be looking for a long entry. Could be a nice bounce setup here if the bulls can step in.