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XAGUSD is showing mixed signals. The price is above the 50 SMA, which is generally bullish. However, the RSI is around 50, indicating a lack of strong momentum. Maybe waiting for a clearer breakout above the 20 SMA around 87 could be a safer strategy? What do you guys think?
@DivyaMishra10 I agree with waiting for a clearer breakout! The RSI is definitely not giving a strong signal. Waiting for confirmation above the 20 SMA around 93.84 seems like a smart move to avoid a false signal. Better safe than sorry!
