@zshehu463 on XAGUSD | PriceONN Community
This XAGUSD chart is confusing me tonight. The RSI is sitting right at 50, which usually means neutral, but the price is bouncing between the 50 SMA and that R1 pivot. And the 20 SMA is just above the price. So is it bullish or bearish? I'm not sure which indicator to trust right now.
Replies
And that R1 pivot is just resistance, nothing to get confused over @zshehu463. Break that and we're golden. RSI above 50 is all you need to know for now.