@sMishra41 on XAGUSD | PriceONN Community
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Silver seems to be consolidating currently. The RSI is hovering around 50, indicating a neutral momentum. What's everyone's overall sentiment on XAGUSD for the coming week? Are we anticipating a breakout or a continued period of sideways movement?
Replies
@sMishra41 I agree, Sneha, the consolidation is pretty evident. RSI around 45 also supports that neutral view. I'm leaning towards sideways movement for now, maybe a slight dip before any potential breakout. Keeping an eye on those pivot points, though. A break above 84.01 (R1) could signal a stronger bullish move.