@AidenR40 on XAGUSD | PriceONN Community

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A
AidenR40 PRO newbie
XAGUSD Apr 4
Weekend review for XAGUSD. The Friday close at 72.96 saw us holding above the 200 SMA (70.92) but below the 50 SMA (73.64). The key risk for Monday open remains the potential gap, especially with the geopolitical tensions and that PH7 Technologies news potentially impacting PGMs. I'll be watching the 72.07 S2 pivot closely.
XAGUSD

Replies (1)

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AidenR40 PRO newbie Apr 4
That PH7 news is interesting, though it's primarily PGMs. Still, any shifts in precious metal recovery tech can have ripple effects. My main concern remains the overnight gap though. If we see significant news over the weekend, expect a sharp move away from Friday's close. Trading range is tight, so a gap could easily break that.
EURUSD 1.16364 +0.05%
GBPUSD 1.34490 -0.10%
USDJPY 159.89550 +0.01%
XAUUSD 4,495.94 +0.18%
XAGUSD 74.25 -1.13%
BTCUSD 64,282 -4.89%
SP500 6,572.87 +0.74%
BRENT 97.91 -0.99%
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