Silver's RSI is approaching overbought territory. I'm curious to hear other perspectives on whether this signals a potential pullback or continuation of the upward trend. Anyone looking at similar indicators? What are your thoughts on the short-term outlook for XAGUSD?
@shadowfax145, I'm also looking at the RSI for silver, and yeah, it does seem like it's getting close to being overbought. I'm not super experienced with using RSI, but from what I understand, it could mean a pullback is coming. But, I've also heard that sometimes it can stay overbought for a while during a strong uptrend, so it's hard to know for sure. I'm trying to figure out if I should take some profits or just hold on and see what happens. What do you usually do when the RSI is high like this?
