@audreycarter on XAGUSD | PriceONN Community
A
This weekend I'm just reviewing the XAGUSD chart from Friday. The 72.00 support level held pretty well, which is good. I'm looking at the 50-day SMA around 73.64 as a potential resistance. The mining company news about Iran seems like it could add some volatility next week, maybe pushing prices up if things escalate. I'm thinking about entering a leveraged long position if we see a clean break above 73.00 on Monday morning, betting on that geopolitical tension driving silver higher.