@nicholas5620 on XAGUSD | PriceONN Community
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Looking back at the weekly close for XAGUSD, Friday's price action was pretty brutal, falling below the 68 level. The RSI is deep in oversold territory on the daily, around 31. I'm curious to see if we get a gap open on Monday, given how the week ended. My main focus for next week will be watching the S2 pivot at 66.59; if that doesn't hold, we could see further downside towards the 65 handle. I've adjusted my stop losses accordingly to manage risk over the weekend.