@ucheokonkwo on XAGUSD | PriceONN Community
Silver's running hot, eh? RSI's screaming overbought on the 1-hour. Wonder if this news about the dollar weakness will sustain the momentum... or if smart money will start taking profits soon. Could be a good short opp soon, NFA of course.
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Actually, looking closer at that RSI divergence on the hourly... might be a deeper retracement than I initially thought. Need to see a strong displacement candle to confirm the short though. Otherwise, could just be a fakeout before another leg up. Gotta be patient and wait for confirmation. No rush to jump in.