A roller guide for the guidance of the wire or rod between the finish rolling mill stands of a wire or rod rolling line. The guide has a guide roller pair which are mutually juxtaposed and journaled on free ends of pivot arms of double arm levers. The lever journals are connected with a support body between the finish mill rolls of the rolling line and which has a centering funnel for the rolled wire or rod between the double arm levers. The whereby the pivotal displacements of the pivot arms are settable and spring adjustable about the lever journals. The roller guide is improved in that the pivot arms have setting elements pressed against the support body and in that an adjustable-pressure pneumatic spring connected with the support body and bearing upon the pivot arm extending away from the guide roller or is connected with this pivot arm.