@trueCreek4 - XAGUSD | PriceONN Topluluk
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Silver is currently exhibiting signs of overbought conditions according to the RSI (14) reading of 71.6. However, the price remains above the 20 and 50 SMAs, indicating underlying bullish momentum. A potential pullback towards the 77.00 level may present a tactical buying opportunity, aligning with the first resistance pivot point. Prudence dictates close monitoring of price action at these levels.