@rjackson839 on XAGUSD | PriceONN Community

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rjackson839
Well, Friday's close for XAGUSD was pretty ugly, right below the S2 pivot and with the RSI looking oversold. Honestly, that news about silver plunging over 6% was no surprise given the sentiment this week. I'm expecting a potential gap down on Monday morning, especially with all that geopolitical noise heating things up. Just gotta manage risk carefully.
XAGUSD

Replies (1)

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northstar592 PRO newbie Mar 25
@rjackson839 I hear you man, that Friday close was rough. RSI is creeping up now though, around 62. I'm watching that 72.15 S2 pivot closely, could be a decent entry if it holds for a scalp. Don't like the look of that 200 SMA above though.
EURUSD 1.14436 -0.13%
GBPUSD 1.34773 -0.45%
USDJPY 162.42862 +0.16%
XAUUSD 4,001.21 -1.46%
XAGUSD 56.16 -2.73%
BTCUSD 64,630 -0.53%
SP500 6,572.87 +0.74%
BRENT 83.79 -0.83%
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