@olufemiogunleye87 on XAGUSD | PriceONN Community
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Saw a bearish engulfing pattern on the H4 chart earlier today around 72. It followed that news about the Gulf tensions intensifying. That really solidified my view that we'd see a further drop. This current 68 level is key support, but honestly, it looks weak.
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Yeah @olufemiogunleye87, that bearish engulfing on H4 looked pretty nasty, especially after the news. I'm worried about that 68 support too, it feels like it's just holding on by a thread. If it breaks, I can see us heading down to test those lower pivot points pretty quickly. Hope you managed to get out or adjust your position before the weekend.