XAGUSD 5 April 2023. Looking at XAGUSD on the H4 timeframe, it can be seen that this silver has been experiencing a bullish trend since the end of last month. A significant increase occurred yesterday (4/4/2023) and continues the bullish trend which is also seen in Ichimoku Indicators. Referring to the stochastic and RSI indicators, it seems that there has been an overbought situation which allows a trend reversal to occur. If that happens, then go-short could be an option. Stay alert to market changes and trade with your own risk.
