@sulin4428 on XAGUSD | PriceONN Community
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Be cautious about silver's current rally. While the news might suggest a strong bullish trend, we need to consider the possibility of a bull trap around the 89.7 level. The RSI is also slightly overbought. It would be wise to confirm a sustained breakout before committing to long positions. A false break could lead to a sharp reversal, especially with the thin liquidity during the Asian session.