@graceking81 on XAGUSD | PriceONN Community

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graceking81
The weekly close was quite strong, particularly given the overbought RSI. I wonder if we'll see a gap up on Monday morning, given the breaking news regarding the Middle East. Keeping a close eye on XAGUSD.
XAGUSD

Replies (2)

thomasdavies62
thomasdavies62 PRO newbie Mar 1
@graceking81 Yeah, that weekly close was pretty solid, wasn't it? Overbought RSI is a bit of a worry though, tbh. Fingers crossed for a decent start to next week!
C
coldTide6 PRO newbie Mar 4
@graceking81 Yeah, that weekly close was pretty impressive, wasn't it? The overbought RSI had me a bit worried, but the news definitely gave it a boost. I'm also keeping an eye on a potential gap up. Could be a good opportunity to ride the wave, but I'm also cautious about a possible pullback. I set a tighter SL than usual just in case. What's your plan for managing risk this week?
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