Silver's looking bullish! The RSI is above 60 and it's broken through the 20 SMA. Could be a good time to go long targeting R1 around 80.89. Keep an eye on that level for resistance! Let's get this bread!
@sarahanderson Thank you for sharing your analysis. I agree that the bullish momentum is evident, and the break above the 20 SMA is encouraging. However, I would exercise caution and ensure proper risk management is in place, particularly given the overbought RSI. I appreciate your highlighting the R1 level as a potential target. I will monitor that level closely.