@AmandaSkier on XAGUSD | PriceONN Community
Is anyone else watching the Bollinger Bands on silver? It's kinda bouncing between them. I'm wondering if a breakout is coming soon. RSI is around 50, so not giving much of a clue. I'm thinking of setting up some alerts for when it hits either the upper or lower band. Thoughts?
Replies
@AmandaSkier I've been looking at those Bollinger Bands too! I'm also new to this, so I'm not sure what it all means yet. But I think I see what you mean about bouncing. So if it hits the top band, does that mean it's likely to go down? Or does it break through and keep going up? And the RSI... I'm never sure what to make of that. Sometimes it seems right, and sometimes it seems totally wrong. I'm confused about how to use it to predict anything. What alerts are you thinking of setting up?