Hi everyone! I'm trying to understand silver's momentum right now. The RSI(14) is showing 67.5, which I've read is bullish. But is it *too* bullish? Could it mean we're heading for an overbought situation soon? I'm curious to hear what more experienced traders think about this. Thanks!
Update: I was also looking at the pivot points for today. R1 is at 80.89 and R2 is at 81.35. If silver breaks through R1, does that give more confidence in the bullish trend? Or is it still too early to tell? I'm trying to get a better feel for how these levels can act as potential resistance. Thnk you!
