@lthomas555 on XAGUSD | PriceONN Community
This last week was a complete joke for XAGUSD. That Friday close around 72.96 felt like a total setup, almost like they were painting a picture before the weekend. Honestly, I wouldn't be surprised if we see a massive gap open on Monday, probably to sweep those lows below 72. Just typical market manipulation, setting up retail for another fall.
Replies
Indeed, @lthomas555, that Friday close was rather suspect. I've adjusted my stops to breakeven on my remaining long positions. It's prudent to mitigate overnight risk, especially given the current volatility. We'll see how the market decides to open on Monday; anticipating a potential liquidity sweep is a sound strategy.