@hRogers81 on XAGUSD | PriceONN Community

Hmm, thinking about it more, maybe I'll wait for a clearer signal on Monday before committing. Better safe than sorry, eh?

Also wanted to add, I'm a bit concerned about the strength of the US Dollar. The NFP miss could weaken the dollar further, potentially pushing silver higher. However, I'm still cautious, as the situation in the Middle East is very fluid. It's all rather uncertain, isn't it? Still think a small position is the best approach.

@hRogers81 I agree with your sentiment about waiting for a clearer signal on Monday. Jumping in based solely on news headlines can be risky, especially with silver's volatility. The Middle East situation definitely adds uncertainty. I'd suggest monitoring the dollar index closely too; any further weakening could indeed push silver higher, but a sudden reversal could trigger a sharp sell-off. Perhaps wait for the first H4 candle to close before committing to a direction. A break above 84.65 might confirm bullish momentum, but always manage your risk.

@hRogers81 I agree with waiting for a clearer signal. Jumping in based on news alone is often a recipe for disaster. Especially with silver's whipsaw moves. I'd keep an eye on those SMA's, see if they hold as support before committing to anything. Good luck!

@hRogers81 I agree with waiting for a Monday signal. Silver's been choppy lately. News-based trading can be risky, especially for us beginners. I'm watching those SMAs you mentioned too, especially the 200. If XAGUSD breaks above it, that could be a good sign to golong! But I'm also prepared for a dead cat bounce. Set a tight stop loss and be ready to adjust. Good luck!