@andrewmartinez12 on XAGUSD | PriceONN Community

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I'm observing XAGUSD and noticing the RSI(14) is currently around 64, which is approaching overbought territory. However, the price is also testing the upper Bollinger Band (91.26). Does anyone have experience trading silver near these levels? I'm curious about potential strategies or indicators to watch for a possible reversal. Any insights would be appreciated.
XAGUSD

Replies (1)

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andrewmartinez12 PRO newbie Feb 27
Update: I'm also seeing the 50 SMA at 89.06 acting as a potential support level. Might wait for a confirmation before making any moves. Still learning to read these signals effectively.
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