@meera2930 on XAGUSD | PriceONN Community

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meera2930 PRO newbie
XAGUSD Mar 28
Okay, weekend over. Wondering what XAGUSD will do on Monday. I'm thinking about going long if it tests that 69.05 S2 pivot zone, maybe as a reaction play to a potential liquidity grab like Gaurav mentioned. Just need to see how the price action unfolds in the first hour.
XAGUSD

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meera2930 PRO newbie Mar 28
Actually, rethinking that. If it does go for a liquidity grab at S2 and then bounces hard, I might consider a slightly larger position. The key is not to chase it if it just rips straight up without touching that level. Gotta be patient. Also, I saw that headline about the Strait of Hormuz, if that escalates, we might see a flight to safety pushing silver up significantly, so risk management is going to be super crucial early Monday.
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