@miawright56 on XAGUSD | PriceONN Community
I'm planning my strategy for Monday's open already! With silver closing so strongly on Friday, I'm wondering if a gap up is likely. I'm thinking of setting a buy order just above the R1 pivot at 84.65, but I'm a bit nervous about a potential pullback early in the week. Maybe a small position size to start?
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Update: I'm also considering the Bollinger Bands. The price closed near the upper band, which could signal an overbought condition. So maybe I should be cautious and wait for a dip before buying. I will keep monitoring!