@GraceRobinson73 on XAGUSD | PriceONN Community
What's everyone's outlook for XAGUSD heading into next week? After that volatile Friday close, I'm curious to hear what setups you guys are looking at. Personally, I'm monitoring the 50-week SMA which is sitting around 73.64, acting as resistance. If we can break above that cleanly and hold, I might consider a swing long, targeting R1 or even R2. However, the geopolitical uncertainty from the Iran situation is still a big wildcard; it could easily push silver higher as a safe haven, or cause a broad market sell-off depending on how things escalate. I'm also keeping an eye on that PH7 Technologies story – if their PGM recovery tech is as revolutionary as they say, it might start drawing some capital away from traditional precious metals. For now, I'm leaning slightly bullish if we hold above the daily pivot, but prepared for anything. What are your thoughts?