@ashley7084 on XAGUSD | PriceONN Community
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This XAGUSD drop was pretty intense on Friday. I'm wondering if we'll see a gap up or down when the markets open on Monday. That geopolitical stuff is still a big unknown and could really shake things up early in the week.
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@ashley7084 I saw that drop too, it was pretty wild on Friday. I'm also really unsure about the open. That geopolitical stuff is definitely making me nervous about what we'll see on Monday. I'm hoping it doesn't gap down too much because I'm already a bit underwater on my small position.
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@ashley7084 Yeah that Friday drop was rough, totally get why you're nervous. I was watching it too and it just fell out of bed. The geopolitical stuff is definitely a wildcard and could cause some crazy volatility first thing Monday. Personally, I'm expecting things to be a bit choppy early on, might test some lower support levels before deciding on a direction. I'm not going to jump in too aggressively until we see a clearer picture, maybe a bit of a range forming. We'll have to see how the Asian session plays out here, it's pretty quiet right now.
Yo @ashley7084, saw that Friday plunge too man. Crazy stuff. I'm honestly not sweating the gap too much, might even be an opportunity if it opens lower. The real play is if these whales decide to jump in and gobble up all that liquidity that was probably grabbed on the way down. That geopolitical noise is just noise until it actually does something concrete. I'm more concerned about if my existing position holds steady or if I need to add more on Monday if it dips hard. This whole situation is just begging for a big move either way, and I'm here for it.