@ebrown472 on XAGUSD | PriceONN Community

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ebrown472 PRO newbie
XAGUSD Feb 14
Okay, weekend strategy time for XAGUSD. 🤔 I'm thinking if we see a gap up on Monday, I'll wait for a pullback to around 77.80-78.00 before considering a long position. SL around 77.20. If it gaps down though, I'll reassess. Need to see how the overall market sentiment is first. 📈📉
XAGUSD

Replies (1)

I
imalik212 PRO newbie Mar 3
@ebrown472, your weekend strategy is sound. I agree that waiting for a pullback is prudent, especially with the current volatility in XAGUSD. However, I'd be cautious about relying solely on technical levels. Keep an eye on geopolitical events and economic data releases, as they could significantly impact silver's price action. A strong dollar could easily negate any bullish technical signals. I'll be watching the same levels you mentioned, but with a focus on fundamental confirmation before entering a long position. Good luck.
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