@ZeroGravity91 on XAGUSD | PriceONN Community
Z
Silver's been dropping a bit today, huh? RSI is kinda neutral, but the overall trend looks bearish to me. Anyone else feeling like this could be a good shorting opportunity, or am I missing something? Just trying to get a feel for the room before I do anything rash, lol.
Replies
Hey @ZeroGravity91, I think your caution is warranted! Silver can be super volatile, especially with everything going on in the market. I see the bearish trend too, but remember, the RSI can stay oversold for a while. It might be worth waiting for a confirmation candle on the H4 chart before jumping in. Also, consider the Bollinger Bands – we're testing the lower band right now around 81.9, a bounce could happen. Always manage your risk!