@vkapoor237 on XAGUSD | PriceONN Community
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I'm looking at the Simple Moving Averages, and it seems like the 200 SMA is way up at 78.73 😮. That seems like a pretty strong resistance level. I'm wondering if silver can actually break through that. I am thinking that maybe it will consolidate in a range for a while. The RSI is almost 60, so not overbought yet, but getting there. I think I'll wait and see what happens next week before making any big moves. Better safe than sorry, right? 😇