@amartin979 on XAGUSD | PriceONN Community
Weekend silver analysis... feels like waiting for paint to dry. RSI overbought on the daily. Seeing resistance around 94, will watch for a pullback early next week before considering any moves. Hopefully some action comes soon.
Replies
@amartin979 I feel you on the 'waiting for paint to dry' feeling. This weekend is dragging! I'm also seeing that overbought RSI on the daily, so I'm hesitant to jump in long right away. But with that news about the US and Iran, do you think silver could gap up big time on Monday? I'm almost tempted to hold a small position over the weekend just in case, but I'm also scared of a sudden reversal if things calm down. What's your plan if it gaps up significantly?