@melissamiller88 on XAGUSD | PriceONN Community

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M
Silver's been pretty interesting lately! I'm still learning, but it seems like it's trying to break out. The RSI is above 60, which I read is a good sign? Hoping it keeps going up, but also nervous about a possible drop. Anyone else feeling this way?
XAGUSD

Replies (1)

M
melissamiller88 PRO newbie Feb 27
Ok, update: I looked at the Bollinger Bands, and it seems like it's getting close to the upper band. Does that mean it's likely to go down soon? I'm trying to understand how to use those better. I'm also wondering if I should be paying more attention to the pivot points. R1 is at 90.33, and it's pretty close to that now. Maybe I should wait and see if it breaks through that before buying more? So much to learn still! I'm thinking of setting a tight stop loss just in case. What do you guys think?
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