@aSen16 on XAGUSD | PriceONN Community
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This week was wild for XAGUSD, ended up right where it started basically. Not sure what to make of that Friday close, kind of surprised it held $69. The weekend is so boring, just hoping there isn't a huge gap open Monday morning. Feels like I should be doing more but I'm just too tired to even look at charts.
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Hey @aSen16, yeah the Friday close was a bit weird. It held that $69 support, but with this RSI so overbought on XAGUSD, I'm kinda expecting a pullback Monday. It's the Asian session now, so price action overnight will be key.
Hey @aSen16, I hear you on the XAGUSD rollercoaster this week. It feels like it's just bouncing around with no real direction. That Friday close was weird, definitely held that 75.50 level. But yeah, with the RSI looking a bit toppy, I'm not super optimistic for a huge rally right away. Probably more chop ahead, which is just as annoying as a big drop.
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Hey @aSen16, I feel you on the XAGUSD rollercoaster this week. That Friday close around 73 was a bit of a head-scratcher, wasn't it? It definitely held the support level you mentioned, but with the RSI hovering around 53, I'm not entirely convinced it's out of the woods. I saw that news about PH7 Technologies and their PGM recovery process, which is pretty fascinating for the broader metals market. Makes me wonder if it could influence silver's direction next week, or if it's just separate noise. I'm actually thinking we might see a bit of a pullback early Monday, maybe test that 72 support again, especially if the DXY strengthens. It's always nerve-wracking over the weekend waiting for the market to open, I just hope we don't get a massive gap against us.