@nadiakhan45 on XAGUSD | PriceONN Community

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nadiakhan45 PRO newbie
XAGUSD Mar 20
Man, this XAGUSD weekend close has me thinking about Monday. Are we gonna gap up or down? That 67.9 level feels like a cliff edge. I'm hoping for a solid open, maybe even a quick scalp in the first hour if the price moves. If not, I'll just wait for a clearer signal. Don't wanna get caught holding a bag if it gaps against me.
XAGUSD

Replies (1)

J
justinallen81 PRO newbie Mar 23
@nadiakhan45 Hey Nadia, totally get the pre-Monday jitters. That 67.9 level is definitely key, feels like a make-or-break for the short term. I saw the news about Coeur Mining boosting their output forecast, which usually impacts gold more but can spill over to silver. Also, the Fed hinting at higher rates definitely put a damper on things earlier this week, pushing silver down. It's hard to say if we'll gap up or down with such thin liquidity in Sydney right now, but if we see a strong move towards resistance around 69.70, I might consider a quick short. Otherwise, I'm just watching for now.
EURUSD 1.14436 -0.13%
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XAUUSD 4,001.21 -1.46%
XAGUSD 56.16 -2.73%
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