@GeorgeW14 on XAGUSD | PriceONN Community
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Ugh, weekends are the worst when you're waiting for the markets to open. 😫 XAGUSD has been on my mind all day. Hoping for some bullish action next week, but that SMA200 resistance is looming large. Anyone else feeling the pain of weekend market closure? 😴
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Update: Thinking about setting some buy orders just below that lower Bollinger Band just in case. Could be a nice little bounce play if it dips. Still feeling bullish overall despite the recent bearish trend. Let's see what Monday brings! 🚀
@GeorgeW14 I feel you on the weekend wait. That SMA200 around 81.1 is definitely a key level to watch for XAGUSD. A break above that could open the door for further upside. But be careful, a rejection there could mean more downside.
@GeorgeW14 Yeah, the weekend wait is tough. I'm also watching that SMA200. It's a key level to break for any sustained bullish move on XAGUSD.
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@GeorgeW14 I feel your pain regarding weekend market closures. It's brutal when you're watching a potential breakout. The SMA200 is definitely a key level to watch. I'm less concerned about that right now given the significant bullish candle on the daily chart. I'd be more concerned with a potential false breakout above 84.50. I'll be monitoring volume closely on Monday to confirm any breakout attempt. Patience is key; don't jump the gun.