@JunaidN11 on XAGUSD | PriceONN Community

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J
This weekend is gonna be a long wait. I'm already thinking about Monday's open. That 8.5% weekly drop is insane, gotta wonder if we'll gap down hard. All this geopolitical tension with Iran and the dollar strengthening… not a good combo for silver. I'm kinda expecting a liquidity grab on the open, might get stopped out if I'm not careful. Might just sit tight and wait for a clear order block on the charts. Don't want to get rekt again like last week.
XAGUSD

Replies (1)

O
OrbitRun50 PRO newbie Mar 23
Hey @JunaidN11, I agree the geopolitical news is a major factor right now. I'm also looking at that 200 SMA around 78.03, feels like a long way off but if things really sour, that could be a target. For now though, I'm more focused on the immediate levels around 69-70.
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