@rkumar734 on XAGUSD | PriceONN Community

Further to my previous analysis, the pivot points suggest potential resistance at 88.14 (R1) and 88.65 (R2). Conversely, support levels are identified at 87.19 (S1) and 86.76 (S2). Given the current neutral trend, I'm leaning towards a short-term bearish outlook if XAGUSD fails to hold above the 87.19 level. However, a sustained break above 88.14 could invalidate this view. Risk management is key here, and I'll adjust my positions based on how price interacts with these key levels. Keeping a close watch on D1 charts for confirmation signals.

Update: Considering the Bollinger Bands, the price is hovering near the middle band. This further supports the idea of consolidation. A break above the upper band around 88.58 could signal a strong bullish move, while a drop below the lower band at 85.45 might indicate a bearish continuation. I'm closely monitoring the price action around these levels to determine my next entry point. I'll be setting alerts accordingly. A decisive move is needed to confirm the trend.