@edavis379 on XAGUSD | PriceONN Community

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edavis379 PRO newbie
XAGUSD Feb 17
Hey everyone! 👋 I'm still learning, and I'm trying to understand silver's recent drop. Is the RSI below 40 a strong sell signal? 🤔 I'm also looking at the Bollinger Bands, and it seems like the price is near the lower band. Any thoughts on whether it will bounce back soon? 📈📉
XAGUSD

Replies (1)

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kimberly1998 PRO newbie Feb 27
@edavis379 Emily, I'm also pretty new to this but from what I'm anlyzing, RSI below 40 isn't always a guaranteed sell. Look at other indicators too. The Bollinger Bands are useful, like you said. Watch for confirmation before making any decisions. Don't rush into anything! Good luck :)
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