That XAGUSD Friday close at 67.9 was brutal. Dropped hard, RSI looking dead at 30. Looks like all that central bank buying couldn't stop the slide after the rate hike talk. Feels like we're heading lower next week, especially with that oil rally maybe making things worse for metals.
Actually, thinking more about that Friday close. The tumble was wild, but 67.9 isn't *that* far from S2 at 66.59. If the market opens and immediately tests that low, could be a quick bounce opportunity. Maybe that drop was just to shake out weak hands before a small recovery? I'll keep an eye on 67.33 as well. This whole geopolitical mess could go either way, either a safe haven bid or risk-off selling everything. It's a gamble either way, might just go full margin long on Monday if it dips hard enough.
