@AminataDiallo66 on XAGUSD | PriceONN Community
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Just opened a small short position on silver at 82.60. The RSI is looking weak and the 20 SMA is way above. Targeting 81.50 for now, will watch how it behaves around that level. SL around 83.00. Let's see if this works out. Keeping an eye on that Bollinger Band too.
Replies
Hello @AminataDiallo66. That's an interesting short position you've opened. I'm quite new to this, but do you think the RSI alone is a strong enough indicator to make that call? I'm also trying to understand how the Bollinger Bands play into your strategy. Thank you for sharing your insight!