Silver's overbought on the RSI. Expect a pullback soon. Don't get caught chasing the price. Look for entries on the dips, around the 83 level. This rally can't last forever.
I agree with @ChefLinda, the RSI is definitely flashing warning signs. Chasing the price here is risky business imo. I'm also looking at potential short entries around that 83 level, maybe even a bit higher, 83.20-83.30. The rally's been strong, but it's probably running out of steam. I wouldn't be surprised to see a decent pullback to the SMA 20 or even SMA 50 before any further upside. Better to be patient and wait for a better opportunity.
