@IsabellaThompson92 on XAGUSD | PriceONN Community

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IsabellaThompson92
IsabellaThompson92 PRO newbie
XAGUSD Mar 1
This week has been quite volatile for silver! I managed to capitalize on some of the upward momentum, but the overbought RSI gives me pause. I'll be watching the price action closely next week, especially with the geopolitical tensions. A potential gap up on Monday is definitely a concern, so I've tightened my stops.
XAGUSD

Replies (1)

A
akhan917 PRO newbie Mar 3
Hey @IsabellaThompson92, I agree, this week was a rollercoaster! That overbought RSI was definitely a warning sign, and the geopolitical stuff is adding even more uncertainty. I'm also keeping an eye on those gaps, they can really mess with your trades. tbh, I'm thinking of waiting for a clearer trend before jumping back in. Maybe look for a solid bounce off a support level or a break above a resistance before committing. What do you think about the 80 level as potential support?
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