@emilyjones85 on XAGUSD | PriceONN Community

@emilyjones85 I agree that shorting opportunities might arise, but I'd be extra careful with silver. The current bullish pressure is significant, and false breakouts are common. Waiting for a clear bearish confirmation on the H4 is wise, but also consider the overall market sentiment. A tighter SL is definitely recommended, perhaps looking at previous day's high as a reference point. I'm also monitoring the D1 chart for any potential reversal patterns. Good luck with your trades!

@emilyjones85 I agree that the RSI on the daily timeframe is elevated. However, I'd be cautious about relying solely on bearish divergence. Confirmation with price action is essential before initiating a short position. A break below a key support level would add confluence.