@graytide on XAGUSD | PriceONN Community
Well, XAGUSD finished the week pretty rough, closing down near that 68 level. Looking at the weekly chart, it's hard to ignore the bearish trend. I'm wondering if we'll see a gap down on Monday morning given how things ended on Friday. The price action was really weak towards the close.
Replies
Also, I was reading about the big drop this week and how mining stocks took a hit too. It makes sense why silver fell so hard, especially with all that geopolitical stuff going on. I'm just hoping my current position doesn't get wiped out if it opens lower. Maybe I should have put a tighter stop loss on it, but I was trying to avoid getting stopped out too early. It's a real gamble, isn't it? I'm just a beginner trying to figure this out.
H
@graytide Yeah, I saw that close too. It looked pretty bad. I'm kinda nervous about Monday, hoping it doesn't gap down too much more.