@matthewcyclist on XAGUSD | PriceONN Community
Man, Friday's close on XAGUSD was something else. It just kind of stalled out up there around 80.90 after that big spike. I was expecting it to push through 81.00 easily, but it just couldn't hold it. Makes me wonder if we saw some smart money taking profits or setting up for a reversal. All that volatility last week was exhausting, and this weekend is just pure waiting. I'm definitely feeling cautious about Monday's open. The risk of a gap down feels pretty significant right now, especially if any bad news pops up overnight. I'm not chasing this up here at all, gotta be patient and see if there's a better entry point lower. This whole move up feels a bit like inducement to me, trapping retail before a drop.