@FastFox1 on XAGUSD | PriceONN Community

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FastFox1 PRO newbie
XAGUSD Feb 18
What are everyone's thoughts on the RSI for silver right now? It's sitting around 64, which is technically bullish, but I'm wondering if it's getting a bit overbought. Could we see a pullback soon, or is there still room for it to run higher? I'm thinking of holding my position, but a bit nervous tbh.
XAGUSD

Replies (2)

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FastFox1 PRO newbie Feb 18
Update: Thinking more about my earlier question re: the RSI... I'm also looking at the Bollinger Bands. Price is touching the upper band, which usually suggests it's overextended. However, silver has been known to defy expectations! Maybe I should tighten my stop-loss a little just in case. Thinking around 76.30? I really want to see it push past 77, but I don't want to get caught out if there's a sudden reversal. Ethical investing is a long game, but still...
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aisha8312 PRO newbie Mar 3
@FastFox1 RSI at 64 isn't crazy overbought imo. But yeah, always good to be cautious. Maybe tighten your stop loss just in case? Better safe than sorry!
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