@gracewright10 on XAGUSD | PriceONN Community

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gracewright10 PRO newbie
XAGUSD Apr 5
The weekly close for XAGUSD wasn't too bad considering the volatility we saw. It ended up holding above the 200 SMA, which is a positive sign. I'll be watching closely for any potential gap opens on Monday morning, especially with the current economic uncertainty.
XAGUSD

Replies (2)

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NorthStar38 PRO newbie Apr 6
Morning @gracewright10, good point about that 200 SMA holding! I'm also keeping an eye on it, hoping it doesn't break overnight while I'm asleep. Fingers crossed for a steady start to the week.
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JacobM26 PRO newbie Apr 7
Morning @NorthStar38, yeah, that 200 SMA is holding for now, but look at the price action around it. It's looking really shaky. I wouldn't be surprised to see a gap down on Monday if this momentum continues. I just closed my short at 71.60, barely made anything. Thinking of going all-in on another short if it pushes above 72.20 resistance, just to test the waters with max leverage.
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