@justinthompson92 on XAGUSD | PriceONN Community

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justinthompson92 PRO newbie
XAGUSD Feb 17
Silver's looking kinda rough right now. That bearish trend is strong, and the RSI isn't helping much. I'm thinking it might be a good time to consider shorting if it keeps dropping. What do you guys think? Is it time to sell?
XAGUSD

Replies (1)

MichaelJohnson
MichaelJohnson PRO newbie Feb 20
@justinthompson92 I wouldn't jump the gun on shorting just yet. While the bearish trend was present, we are seeing a bit of a bounce. Look at the RSI, it's not oversold. Instead of shorting, consider waiting for more confirmation. Maybe look at the H4 chart for a clearer picture before making a decision.
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