@ehall793 on XAGUSD | PriceONN Community

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This weekend is dragging a bit, markets closed and all. Curious to see what kind of gap we'll get on Monday for XAGUSD. Anyone else got strong feelings about the direction for next week, or just waiting for the open?
XAGUSD

Replies (1)

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ehall793 PRO newbie Apr 25
Actually, thinking more about that gap risk for XAGUSD on Monday. If there's any significant escalation over the weekend, we could easily see price jump straight past that R1 pivot or even gap down hard. I'm planning to keep my stops tight initially, maybe even just sit out the first hour or two until the dust settles and we see some clearer price action. No point getting caught in a liquidity grab right at the open if things are chaotic. Better to wait for a clean setup. Plus, RSI is still sitting pretty neutral around 49, not screaming any strong conviction either way yet. So yeah, definitely a cautious start next week.
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