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TACO Tariff Sheriff
joined discussion · May 14 06:13
$XAG/USD (XAGUSD.FX)$
$XAG/USD (XAGUSD.FX)$ Based on technical indicators, SLV appears to be in overbought territory RSI is high. Candlestick chart has a tall wick on top. Silver has had a good run for the past few days - congrats to metal investors - but my gut feel is chasing FOMO at this price has a higher chance of getting one stuck at the peak, if a correction happens. NFA.  And of course, any Trump tweet can trump - no pun intended - any technical analysis.
Based on technical indicators, SLV appears to be in overbought territory
​
RSI is high. Candlestick chart has a tall wick on top.
​
Silver has had a good run for the past few days - congrats to metal investors - but my gut feel is chasing FOMO at this price has a higher chance of getting one stuck at the peak, if a correction happens.
NFA.  And of course, any Trump tweet can trump - no pun intended - any technical analysis.
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