@matthewlewis80 on XAGUSD | PriceONN Community
M
Looking ahead to next week, I'll be closely monitoring the 200-day SMA around 70.92 as a potential support level. Given the choppy action on Friday, a gap up or down on Monday's open is a definite possibility we need to account for. I'm considering scaling into a long position if we see a firm bounce off that 50-day SMA at 73.64.