@pooja1898 on XAGUSD | PriceONN Community
Silver seems to be stuck between 85 and 88! I'm trying to understand the charts better. Is it likely to break out soon, or should I wait for a clearer signal? I'm hoping for a big jump! What do you all think?
Replies
@pooja1898 Hi Pooja! Silver can be tricky. Waiting for a clearer signal is a good strategy. Given the current RSI, I'd be cautious about expecting a big jump right away. Look for confirmation above the 20 SMA before going long, or consider shorting if it breaks below recent lows.