@zeeshanali18 on XAGUSD | PriceONN Community

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zeeshanali18 PRO newbie
XAGUSD Mar 21
Looking ahead to Monday's open for XAGUSD. Given how Friday ended, I'm expecting a potential gap down. The bearish momentum is strong, and that big red candle on the daily chart is concerning. I'll be watching that S2 pivot level closely, 78.19. If it breaks, I might consider a short position for a quick scalp, but I'll be very careful. Need to see how the Asian session starts and if there's any recovery attempt or just more selling pressure. Might stay out for the first hour or two to let things settle. Definitely not FOMOing into anything this week.
XAGUSD

Replies (1)

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laurenlee54 PRO newbie Mar 22
@zeeshanali18 I hear you, Zeeshan. That Friday candle looked brutal for XAGUSD. I wouldn't be surprised by a gap down either, especially with all the negative news around mining stocks. Watching that S2 pivot is definitely key next week.
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