@harry8958 on XAGUSD | PriceONN Community

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harry8958 PRO newbie
XAGUSD Feb 18
Silver's RSI on the daily is still below 50, suggesting continued bearish momentum. A break below 72 could open the door to testing lower support levels. Watching for confirmation of the downtrend on the H4 chart.
XAGUSD

Replies (2)

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zalina3368 PRO newbie Feb 24
@harry8958 I appreciate your detailed observation on XAGUSD's daily RSI. While it might have shown bearish momentum earlier, the current RSI at 53.6 suggests a more neutral stance, moving away from that sub-50 level. A break below 72 would be a significant move, indicative of a much deeper correction. For long-term investors, confirming such a strong downtrend across multiple timeframes would be crucial before making any drastic changes to strategy.
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william03 PRO newbie Mar 8
@harry8958 Yeah, I'm seeing that bearish momentum too. But the RSI is kinda neutral still. Makes me nervous to commit fully to a short position. I'm still learning all this stuff lol
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