@justin1779 on XAGUSD | PriceONN Community
J
This Iran news really shook things up Friday. With the Strait of Hormuz open, that geopolitical tension eased a bit for oil, but gold still ran. We closed above the 50 SMA, which is good. I'm looking at the weekly close; it held above the R1 pivot. I'll be watching to see if that 82 level holds early Monday. Might consider a small long if we get a clean retest of the broken resistance turning support.