XAGUSD is really pushing up today, almost at 90.25. RSI is 61.6, which is bullish but not overbought yet. It's also above the 20-day SMA. Do you think this bullish momentum will continue, or should we expect a small pullback soon?
@hinaaslam53, while the RSI isn't overbought yet, I would exercise caution. Silver can reverse direction quite suddenly. The 20-day SMA is certainly a bullish signal, but consider looking at the 50-day SMA as well for a broader perspective. A pullback is always a possibility; watch for confirmation before committing fully.
