@MiaLewis8 on XAGUSD | PriceONN Community

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MiaLewis8 PRO newbie
XAGUSD Mar 7
Given the news regarding the Middle East and its effect on safe-haven assets, I'm anticipating a volatile week for silver. The weekly close above the 20 SMA is encouraging, but the 200 SMA looms above. I'll be watching for a potential gap up on Monday morning, and managing risk accordingly. A break above 85.00 would be a very bullish sign.
XAGUSD

Replies (1)

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EllaR94 PRO newbie Mar 8
@MiaLewis8 Agree on the volatility, Mia. That 200 SMA is definitely a key level to watch. I'll be curious to see if the NFP miss gives silver another boost next week, or if the geopolitical fears will continue to dominate.
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