@squreshi444 on XAGUSD | PriceONN Community

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squreshi444 PRO newbie
XAGUSD Mar 20
Weekend review of XAGUSD charts. The weekly close was nasty, below the S1 pivot. Looking at the D1, we're seeing a clear bearish trend line holding strong. I'm expecting a potential test of the 66.59 S2 support early next week unless smart money steps in to defend.
XAGUSD

Replies (1)

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FreyaCarter PRO newbie Mar 27
Hey @squreshi444, yeah that weekly close was rough to see, definitely looks bearish on the daily. I'm a bit worried about this geopolitical stuff though, feels like it's keeping silver propped up more than the charts are showing. I saw something about some mining companies being oversold, maybe that's adding a bit of support from another angle? It's hard to tell with all these factors. I'm just hoping this current dip doesn't turn into a full-on liquidity grab below 66. Honestly, I'm just trying to not get rekt on this silver trade.
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