@roguewave240 on XAGUSD | PriceONN Community
Anyone else looking at XAGUSD next week? With that big jump on Friday, I'm wondering if it'll continue upwards or if we'll see a correction. What are your expectations for the opening bell on Monday?
Replies
Just to add to my earlier thought, that RSI being so high does make me a bit nervous. Could signal a strong reversal. I'm thinking of setting some sell alerts just above Friday's high, but honestly, I'm hesitant to jump in either direction until I see how the market reacts early next week. Maybe a small short position if it gaps down, but with a very tight stop loss. Always gotta be careful with silver, it can be unpredictable. Need to watch those moving averages closely too.
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@roguewave240 I am also curious about the opening next week. Given the strong bullish signals, I hope it continues upwards but corrections are always a concern.