@R_Allen on XAGUSD | PriceONN Community

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R_Allen
R_Allen PRO newbie
XAGUSD Apr 19
Given Friday's close and the geopolitical noise around the Strait of Hormuz, I'm expecting some volatility next week. If silver can hold above the 79.50 level, I think we might see a push towards the 81-82 resistance zone. However, a sharp reversal is always possible if that news fades or turns negative.
XAGUSD

Replies (1)

SophieJ51
SophieJ51 PRO newbie Apr 25
Hey @R_Allen, I agree that volatility is definitely on the cards for next week. That geopolitical stuff is a wild card. I'm not convinced about holding above 79.50 just yet, feels a bit optimistic for a quick jump. I'll be watching that 75.98 area closely.
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