@liam1185 on XAGUSD | PriceONN Community
L
Spent some time looking at the charts this weekend. The RSI is way overbought, but the moving averages are all pointing up. It's a bit confusing, to be honest. I'm thinking we might see a bit of a pullback early in the week before another push higher. Could be a good chance to buy the dip around the 84 mark if it happens. Just my two cents.
Replies
@liam1185 I totally get that confusion! Dips are always tricky, like trying to catch a falling knife. Sometimes it works sometimes you just get... well a dip on your finger.
X
@liam1185 i totally get the confusion, it can be tricky! but current rsi is actually neutral at 43.1, not overbought. maybe check your chart data or timeframe? hope that helps clear things up a bit.