Hey everyone! 👋 XAGUSD is looking super strong today, price above all key SMAs and RSI(14) at 68.4 is definitely bullish. It's pushing near the upper Bollinger band around 92.35. What are your thoughts on a potential entry point for a swing long? 🤔 Feeling optimistic but also cautious!
@shaziaiqbal44 Good observation on the RSI, Shazia. It's quite overbought, which makes me hesitant to jump straight into a long position. A smaller position size might be prudent, or waiting for a slight dip.