Hey everyone, I'm new to trading XAGUSD. I'm seeing the price around 74.60ish, and RSI is kinda neutral. Does anyone think it'll break past that R2 pivot at 74.12 soon? Or is it more likely to drop back down to the 73 area? Just trying to get some other opinions.
Update: I'm also looking at the SMAs, and the 20-day is below the 50-day... does that usually mean a downtrend is coming? I'm still learning how to properly read these things. Any advice on how to interpret the SMA crossovers for silver would be great! Thnx
