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Silver's been trading sideways for a while now. RSI around 53, so not really overbought or oversold. I'm seeing some resistance around 89, but if it breaks through that, we could see a decent run up. Waiting for a clearer signal before jumping in.
Update: I did some quick backtesting with an ATR filter (using a 14-period ATR). Seems to help reduce the number of false signals, especially on the H4 chart. Still need to optimize the ATR threshold, but it's a step in the right direction. Might also try incorporating volume confirmation to further filter out weak signals. Thoughts?
