@chinweibrahim81 on XAGUSD | PriceONN Community
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Silver appears to be exhibiting bullish momentum, currently trading at 78.06. The RSI(14) is at 62.8, indicating potential overbought conditions, but still within a bullish range. Considering the price is above the 20 and 50 SMAs (77.02 and 75.33 respectively), I'm cautiously optimistic. However, the 200 SMA at 78.79 could act as a significant resistance level. I'll be watching to see if it can break through that.