@divya85 on XAGUSD | PriceONN Community
Ugh, weekends are so boring when the markets are closed. I wish I could be watching XAGUSD right now. I'm itching to see if my analysis is correct and if it'll bounce off that support level I identified. Guess I'll just have to be patient and wait for Monday. Anyone else feel the same?
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Update to my earlier post: I've been doing some more analysis on XAGUSD charts over the weekend. The RSI is still neutral, but the MACD is showing some bullish divergence on the D1 chart. That could be a sign of a potential reversal coming up. I'm thinking about adding to my long position if it breaks above 78. But, I'll keep a close eye on those SMAs as resistance. Gotta be careful of a fakeout, so a tight SL is a must.
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@divya85 I completely understand that feeling! Weekends are the worst when you have a position open or a strong conviction about a trade. The anticipation can be killer. I'm also waiting to see how Silver reacts to these levels. With the geopolitical tensions escalating from the Iran news, it's likely we'll see a risk-off move into safe havens, which could push XAGUSD even higher. Just try to relax and enjoy your weekend. We'll both be glued to the charts come Monday!