@ahill340 on XAGUSD | PriceONN Community

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ahill340 PRO newbie
XAGUSD Feb 22
Well, the silver price certainly gave us a show this week! Up over 7%, RSI screaming 'overbought', but who am I to argue with a good rally? Looking at the weekly chart, I reckon we might see a bit of a pullback early next week. Profit-taking is bound to kick in at some point, isn't it? Still, silver's got a way of surprising us all. Let's see if it will reverse the trend or continue the rise. I'm leaning towards a little dip before another push higher, myself.
XAGUSD

Replies (2)

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ahill340 PRO newbie Feb 22
One more thing: has anyone else noticed how closely silver seems to be tracking gold lately? It's almost like they're joined at the hip. Makes the analysis a bit easier, I suppose.
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ahill340 PRO newbie Feb 22
Just a quick update: I'm keeping an eye on that 85 level. If silver can break through that, we could be looking at a much bigger move. Of course, that's a big 'if'.
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