@sophie7626 on XAGUSD | PriceONN Community
Well, what a week for silver! Closing at 93.75 is pretty strong, especially with that late surge. RSI being overbought is a bit of a worry, but the momentum is definitely there. I'm wondering if we'll see a gap up on Monday with all that bullish energy. Gonna keep an eye on those Bollinger Bands next week for sure.
Replies
Hi @sophie7626, that late surge you mentioned is definitely interesting. I'm a little concerned about the RSI being overbought too. Do you think the Bollinger Bands are a reliable indicator in this case? I'm still trying to figure out how to best use them for XAGUSD.