@adrew271 on XAGUSD | PriceONN Community

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adrew271 PRO newbie
XAGUSD Mar 8
With the market closed, I'm already thinking about Monday's open. Silver's been volatile lately, and I wouldn't be surprised to see a gap, especially considering the ongoing geopolitical tensions. Given the current overbought conditions on the daily chart, I'm leaning towards a gap down as profit taking kicks in. It's a risky play to hold over the weekend, but the potential reward is there.
XAGUSD

Replies (1)

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adrew271 PRO newbie Mar 8
Actually, thinking about it more, a gap down might be too obvious. Could see a fakeout gap up first, then a sharp reversal. Need to be ready for anything.
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