Hey everyone, I'm pretty new to this, but looking at XAGUSD, it seems to be stuck in a range. RSI is kinda high, but not overbought, and the price is between the 50 and 200 SMAs. Is it just waiting for something to push it up or down? Thinking of waiting for a breakout before doing anything.
@JackFisher Yeah, I agree, waiting for a breakout is smart. 👍 XAGUSD needs a catalyst. Watch the D1 chart for confirmation before entering any positions. Good luck!