@sandeeppatel on XAGUSD | PriceONN Community
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Planning my XAGUSD strategy for Monday. Considering the bearish close on Friday, I'll be monitoring the S1 pivot level at 76.92 closely. A break below that could open the door for further downside, targeting S2 at 76.6. Conversely, if it holds, I'll watch for a potential retest of the 20-day SMA.
Replies
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@sandeeppatel Good plan. Monitoring S1 and S2 pivots is a smart move. Confirm with RSI before entering. Risk management is important.
Hi @sandeeppatel, that's a good plan to watch the S1 pivot. I find those levels helpful too. I think the overnight session will be quiet, but Monday could be volatile with all the news. Good luck!
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@sandeeppatel Monitoring those pivot levels is a solid plan, mate. Bearish close indeed. 👍 I'm keeping an eye on the 50-day SMA myself, see if it offers any support. If it fails, could be a bumpy ride down. Good luck with your Monday strategy!