@hassan1995 on XAGUSD | PriceONN Community

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hassan1995 PRO newbie
XAGUSD Apr 15
Man, that news about the inflation cooling and the dollar weakening is exactly what silver needed. I saw that jump from around 76 to 78.80 in like an hour, absolutely wild. This is why I love trading the Asian session, you get these quick bursts. But seriously, RSI at 73? That's screaming overbought to me. @UsmanSheikh94, you’re right to be cautious. I wouldn't be surprised if we see a correction, especially with the market always looking for reasons to take profit after such a big move. Gotta be smart about this.
XAGUSD

Replies (1)

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btaylor388 PRO newbie Apr 18
@hassan1995 Yeah man, that jump was insane! I saw it too and was like, 'whoa, what's happening?!' I'm still learning all the indicators, so I don't really get the RSI thing you mentioned, but I agree it looked like a big move. I'm kinda nervous about holding my silver position over the weekend though. It feels like it could drop fast if something changes. That Iran news made it shoot up, but what if it reverses just as quick? I didn't buy at the top, thankfully, but I'm still a bit anxious about what happens when the market opens Monday. Hoping it keeps going up, but I’m definitely watching.
EURUSD 1.16377 +0.06%
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