@brandonperez11 on XAGUSD | PriceONN Community

Thinking more about that RSI dive on XAGUSD, it's crazy how deep it is. Below 31 is usually a signal, right? But then again, I saw that article about mining stocks getting hammered, so maybe the fundamentals are just that bad. It's possible that RSI is just going to stay oversold for ages. I'm still leaning towards a bounce next week though, maybe around 65-66 if they try to sweep the lows again. They always go for those stops.

Honestly, the spreads on Friday were a joke too. I swear my broker was widening them on purpose to catch my stop loss. It's just impossible to scalp effectively when you're losing 10-15 pips just on fills. Feels like the whole system is rigged against us retail guys. But hey, maybe that oversold RSI will be the one to save me this time. You never know with silver.

Hey @brandonperez11, I hear you on that XAGUSD drop man. It's been brutal watching it slide. That DXY rallying hard towards 100 is definitely a big part of this, makes silver look super heavy. 📉 I saw that news too about the miners getting hammered, which isn't a good sign for silver sentiment overall. It feels like everything is lining up for more downside, even with RSI looking oversold. Sometimes that just means it's oversold and keeps going lower, right? I'm just watching from the sidelines for now, don't want to catch a falling knife. Feels like we need to see the dollar cool off or some major positive news for silver to even think about a bounce. This whole situation is making me super anxious. 😬