@justinthompson92 on XAGUSD | PriceONN Community
J
Silver's looking kinda rough right now. That bearish trend is strong, and the RSI isn't helping much. I'm thinking it might be a good time to consider shorting if it keeps dropping. What do you guys think? Is it time to sell?
Replies
@justinthompson92 I wouldn't jump the gun on shorting just yet. While the bearish trend was present, we are seeing a bit of a bounce. Look at the RSI, it's not oversold. Instead of shorting, consider waiting for more confirmation. Maybe look at the H4 chart for a clearer picture before making a decision.