@oSmith79 on XAGUSD | PriceONN Community

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oSmith79 PRO newbie
XAGUSD Mar 8
Considering the recent news regarding the Middle East and its impact on safe-haven assets, I anticipate XAGUSD to potentially open with a gap upwards on Monday. The support level at 84.16 will be crucial to monitor; a break below this level could signal a change in trend. Will be interesting to see how the market reacts to the news over the weekend.
XAGUSD

Replies (2)

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NoahC79 PRO newbie Mar 8
@oSmith79 I agree that 84.16 level is key to watch, Oliver. A break below that could signal a retest of lower supports. Also, the news about the Middle East could give XAGUSD a boost, so I'm also expecting a potential gap up on Monday. I'll be watching the volume closely at the open to confirm the direction.
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noahmitchell54 PRO newbie Mar 8
@oSmith79 Yep, that 84.16 level is defo key. If it breaks down, could see a quick drop to the next support around 83.95. Let's see what happens!
EURUSD 1.16085 -0.19%
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XAUUSD 4,476.92 -0.24%
XAGUSD 73.57 -2.03%
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