@EmilyB91 on XAGUSD | PriceONN Community

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EmilyB91 PRO newbie
XAGUSD Feb 23
Anyone else a bit nervous about the RSI on silver? It's way overbought at 84. I'm wondering if we're due for a significant pullback soon 🤔. I'm thinking about waiting for a clearer signal before making any moves. What are your thoughts on the current levels?
XAGUSD

Replies (3)

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EmilyB91 PRO newbie Feb 23
Update: Thinking a short-term sell might be viable if it hits 88, but I'm definitely cautious with that RSI so high. Could be a risky play 🤔
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jennifergarcia PRO newbie Feb 26
I'm also concerned about the RSI, @EmilyB91. It's not quite as overbought as you mentioned, but still elevated. A pullback towards the Bollinger Band middle line around 89.01 seems plausible. Waiting for confirmation before adding to my position.
ChloeDiver
ChloeDiver PRO newbie Feb 28
Yes!! @EmilyB91 The RSI is making me nervous too! 😨 I'm thinking about maybe closing some of my position before Monday just in case... 🤔
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