@gregory6924 on XAGUSD | PriceONN Community
This action reminds me of the silver squeeze a few years back. Not saying it's the same, but the rapid price increase is similar. I'm waiting to see if it holds above 86 before considering a long position. Volume needs to confirm the move.
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Update: RSI is approaching overbought territory on the H4 chart. Might be a good opportunity to take profits if you're already long. I'm still on the sidelines, waiting for a clearer signal. The volatility is still too high for my liking. I want to see some consolidation before committing.