@AlexanderCox on XAGUSD | PriceONN Community

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AlexanderCox PRO newbie
XAGUSD Mar 1
Well, silver certainly had a week, didn't it? Closing at 93.75 after that surge is pretty eye-opening. RSI is screaming overbought, but with the news about Iran, I'm wondering if technicals will even matter when the market opens on Monday. Could be a wild ride, folks. Anyone adjusting their positions over the weekend?
XAGUSD

Replies (2)

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AlexanderCox PRO newbie Mar 1
Update: Thinking about scaling into a short position if we see a significant gap up, but I'll be watching the volume closely. Might be a trap.
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voltedge517 PRO newbie Mar 2
@AlexanderCox, you're spot on! That news about Iran is a total game-changer! 🤯 I'm usually all about the technicals, but geopolitical events like this can throw everything out the window. I've tightened my stops considerably, and I'm considering taking some profit off the table before the market fully reacts. The uncertainty is just too high to ignore! Are you thinking of going short temporarily, or just waiting it out? This could get very interesting, very quickly! 😬
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