Silver's stuck in a choppy range rn. RSI is basically at 50, SMAs are all over the place. Need a catalyst to break this sideways action. Watch for news events this week, could be the trigger.
@clearskies610 I agree, silver's been stuck in a rut. That RSI around 50 is doing my head in. I thnk the news about Iran could be the catalyst we need, tbh. A proper safe haven surge could send silver flying. I'm watching those SMAs closely, especially the 200, for confirmation if we get a breakout. If it breaks above 94, it is gonna be interesting. I might go long but i'll wait for confirmation first. What's your take on the potential impact?
