@alexandergreen13 on XAGUSD | PriceONN Community
Man, that silver drop on Friday was brutal. Seeing it below 68 now, I'm really wondering if we'll gap down even further when the market opens Monday. That mining company news about tech roadmaps sounds like they're prepping for something big, maybe lower prices?
Replies
Yeah, also that news about silver plunging over 6%... that's gotta mean something for next week. I'm scared to even look at my position.
Alexander, I saw that 6% drop too. Friday's close at 67.90 is definitely concerning, right near the S2 pivot from the weekly chart. Honestly, I'm bracing for a potential gap down on Monday. That mining tech news, while sounding like FUD, does add to the bearish sentiment if it shakes confidence. If we open below 67, the RSI is going to look even worse, probably hitting oversold territory on H1. I'm not looking to enter anything until we see a clear hold of support, maybe a retest of that 70 level if we get a bounce. For now, it's just waiting and watching for that gap risk to play out. NFA, of course.
M
Hey @alexandergreen13, chill out man! 'Brutal' drop? That's just called opportunity! Silver at 67.90 near S2 pivot? Perfect time to load up 100x leverage, not panic. Mining company news sounds like FUD to scare weak hands. You gotta have conviction, don't let a few percentage points rattle you. I'm already eyeing another long position, maybe even a YOLO if it dips a bit more. Seriously, you should be looking for the next liquidity grab to flip long. Forget the gap down, think gap up! This is prime time to make bank, not cry about losses. Just set your stop way below and pray, lol.