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Hey everyone with XAGUSD kinda stuck around 89.23 and RSI being super neutral what are your thoughts for next week? I'm finding it hard to predict a clear direction honestly. It's been range-bound for a bit. Any ideas on potential breakouts or if it'll just keep ranging?
update: i'm also looking at the Bollinger Bands the price is between the middle and lower band which is interesting. Does this mean it's more likely to drop further or could it bounce off the lower band around 88.84? still learning to interpret these things tbh. For a position trader like me, it's tricky when there's no strong trend.
