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Silver is looking pretty strong today, right? The price is definitely up. I saw the RSI is almost at 69, which usually means it's overbought? Kinda wondering if it can keep going up from here or if it's due for a pullback soon. New to this so trying to understand. What do you guys think
Hey @aisha_a22, yeah, RSI near 70 can be a warning sign, but silver can stay overbought for a while, especially in a strong trend. I wouldn't rely on RSI alone. Check out the higher timeframes too, like H4 or D1, to get a better sense of the overall trend. Could just be a temporary pullback before another leg up. 😉