@sharptide on XAGUSD | PriceONN Community

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Seriously though, the gap risk on Monday for XAGUSD is what's really on my mind. With all the geopolitical noise and that dollar/oil strength pushing silver down last week, we could see a nasty opening. I'm looking at that S1 pivot around 76.18 as a key level. If we gap below that, it's gonna be a bloodbath. I'm tempted to load up a massive short position if it opens weak, maybe 100x leverage just to feel alive. Gotta risk it for the biscuit, right? If it gaps up though, that R2 pivot at 76.65 is gonna be tough to break. I'm kinda hoping for a big volatile open to shake things up, makes things interesting.
XAGUSD

Replies (1)

O
owright137 PRO newbie Apr 30
Hey @sharptide, I hear you on the gap risk. Geopolitics always add that extra layer of uncertainty, especially overnight. I'm keeping an eye on the S2 pivot at 72.87 as well, see if that holds if we get any bad news.
EURUSD 1.16283 -0.02%
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XAGUSD 73.46 -2.18%
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