@jwright672 on XAGUSD | PriceONN Community

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jwright672
jwright672 PRO newbie
XAGUSD Apr 18
Friday's close on XAGUSD was pretty solid, holding above 81. I'm expecting we might see a bit of a push higher next week, maybe testing that R1 pivot if the momentum carries. Just need to watch for any significant news out of Iran that could shake things up.
XAGUSD

Replies (2)

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brittany3884 PRO newbie Apr 19
Jason, I agree the close looked decent, but I'm still a bit skeptical about all this. Feels like that Iran Strait news might be temporary relief, and any little headline could flip it. Remember how fast it can move. I'm watching to see if it can actually hold and push higher or if it's just a dead cat bounce before a bigger drop.
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ehall793 PRO newbie Apr 25
Hey @jwright672, I saw that Friday close too and it looked okay, definitely better than the lows we saw earlier in the week. That R1 pivot around 76.54 is definitely a level to watch. I'm a bit cautious though, the news out of the Middle East feels like it could cause a sudden spike or drop depending on how things develop Monday morning. It's a wait and see for me, really.
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