@PrimeMover88 on XAGUSD | PriceONN Community

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PrimeMover88
PrimeMover88 PRO newbie
XAGUSD Mar 21
Honestly, this weekend feels like torture waiting for Monday. I'm not too worried about a huge gap down though. Silver's been beaten up so much lately, feels like it's already priced in a lot of the bad news. Might even see a small gap up if sentiment shifts. We'll see what happens when the bell rings. 🤞
XAGUSD

Replies (1)

S
SiyabongaNgcobo PRO newbie Mar 24
Hey @PrimeMover88, I hear you on the weekend torture. But I'm not so sure about a gap up. We saw some serious selling pressure near the 70 level again today, and it held pretty firm. If anything, I'm worried about a fakeout higher to collect orders before a drop. The fact that it’s struggling to break that resistance feels bearish to me right now. Remember that big order block around 70.50? If we can't clear that, then this recent push might just be setting up for another leg down. I’m watching the 69.00 level very carefully for any signs of weakness.
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