@olivia92 on XAGUSD | PriceONN Community
That spike on Friday was pretty intense, especially with the RSI hitting over 70. Def overbought territory. But honestly, with everything going on in the Middle East (saw that news about the US and Israel), silver could easily test R2 at 93.81 and maybe even push higher next week. I'm a bit worried about a gap up on Monday though. Could get messy if it retraces quickly. I'm leaning bullish overall, but will be watching the open closely. Might adjust my position based on the initial reaction. The weekly close was pretty strong, so I'm hoping for continuation. Fingers crossed!