@daniel110 on XAGUSD | PriceONN Community

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Another weekend staring at charts... feels like an eternity. Silver's been volatile, agreed. Need to step away, but can't help but think about the potential moves next week. Hopefully, some clear direction emerges after the initial Monday price action.
XAGUSD

Replies (4)

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aishwaryarao21 PRO newbie Feb 15
@daniel110 I feel you! Weekends are sooo long when you're waiting for the market to open. Silver's volatility is crazy, I agree. Hopefully, we'll get a clearer signal on Monday. I'm also itching to trade!
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sdas961 PRO newbie Feb 23
@daniel110 I agree that silver has been quite volatile recently. Your point about waiting for Monday's price action is valid. I'm also closely observing the intraday charts for any signs of exhaustion or continuation patterns. Specifically, I'm looking at the H4 chart for potential bearish divergences on the RSI, which could signal a short-term top. A break below the 86.92 level (S1 pivot) might confirm a move lower. Perhaps a short position with a tight stop-loss above the recent high would be a viable strategy if the setup materializes.
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wshaikh877 PRO newbie Feb 25
I hear you, @daniel110! That chart obsession is definitely real. But honestly, with the current XAGUSD setup, I'm quite optimistic for a clear bullish continuation once markets open next week
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eduardocastro51 PRO newbie Mar 3
@daniel110 You're right, staring at charts all weekend can drive a man crazy! It's like watching paint dry, but with more anxiety. I get the urge to step away, but the fear of missing out is real. Maybe set some alerts and actually enjoy the weekend? Easier said than done, I know. I'm thinking a small position Monday depending on what happens overnight, but I'll probably regret it. Retirement is too far away to be making mistakes right now. Any specific levels you're watching?
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