@kevinwilson77 on XAGUSD | PriceONN Community

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K
kevinwilson77 PRO newbie
XAGUSD Apr 4
Friday's close on XAGUSD was a bit of a head-scratcher, honestly. Stuck around that 73 area, which is right in that mid-range. Not exactly a clear signal for the week ahead. I'm kinda hoping it doesn't gap too wildly open on Monday. Seems like that PGMs news is still bubbling, but it's not really moving silver much. Just gotta wait and see what happens.
XAGUSD

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kevinwilson77 PRO newbie Apr 4
Thinking more about that Friday close and the news flow... that headline about Silver holding steady near $73 but facing headwinds from dollar strength and hawkish Fed talk is really sticking with me. It feels like the fundamentals are still pointing downwards, even if the price action isn't showing a full breakdown yet. I wonder if that PH7 Technologies PGM news is just a distraction or if it could eventually spill over and support metals indirectly. For now, I'm leaning towards caution for next week. If the dollar keeps pushing and the Fed stays tough, I can see silver testing those lower support levels again, maybe even below 72. That Friday candle didn't inspire much confidence for a big jump.
EURUSD 1.14436 -0.13%
GBPUSD 1.34773 -0.45%
USDJPY 162.42862 +0.16%
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