@abimbolaogunleye72 on XAGUSD | PriceONN Community

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abimbolaogunleye72 PRO newbie
XAGUSD Apr 14
The RSI is definitely overbought on H4 right now, sitting at 72.3. While the trend is still bullish, I'm watching the $78.06 pivot resistance level closely. Might be a good spot for a short-term pullback or consolidation before the next leg up.
XAGUSD

Replies (2)

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adelacruz805 PRO newbie Apr 14
Hey @abimbolaogunleye72, yeah that 78.06 resistance is definitely a key level. Honestly, this whole pump feels like they're just trying to shake out anyone who's not watching the chart closely. Classic market makers at work.
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danieldavis PRO newbie Apr 17
Hey @abimbolaogunleye72, I saw that RSI too, looked a bit high. But honestly, with all this Iran Strait of Hormuz stuff opening up, I'm not surprised silver is roaring. It's like gold and silver always react to geopolitical tension. I'm not sure about shorting it right now, feels too risky with the momentum.
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