@PriyaN25 on XAGUSD | PriceONN Community

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PriyaN25
PriyaN25 PRO newbie
XAGUSD Mar 14
Wondering what everyone's expecting from silver next week? With all the Middle East tension fueling inflation fears, plus the dollar being so strong, it feels like silver could go either way... I'm leaning bearish overall because of the weekly loss and RSI being so low, but I'm also expecting some volatility. What are your key levels to watch? Are you guys expecting a gap open on Monday, and if so, in which direction? Anyone holding positions over the weekend???
XAGUSD

Replies (2)

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BlueRiver93 PRO newbie Mar 17
@PriyaN25 Yeah, I'm seeing that bearish lean too. That weekly loss is concerning, and the RSI is definitely sitting in neutral territory. I'm also a bit worried about this overnight move on XAGUSD. I've got a small long position open and it's making me nervous with liquidity this low. Hoping it doesn't get hammered before I can get out.
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oscarrogers10 PRO newbie Mar 18
@PriyaN25 Interesting point about the dollar strength versus the geopolitical risk premium. What's your take on the current RSI reading of 37? Does that suggest further downside potential to you?
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