Hi everyone, I'm looking at XAGUSD today. Price is around 87.21, and it seems quite neutral. RSI is 50.3, so no clear signal there for me. The 20-SMA is at 87.46, very close. Any thoughts on where it might go next? I'm trying to see if it will break above 87.50.
update: I'm seeing it bounce off the 86.91 pivot point a bit. Maybe it will try to retest the 20-SMA around 87.46 soon. Still waiting for a clearer sign.