@DanielD45 on XAGUSD | PriceONN Community

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DanielD45 PRO newbie
XAGUSD Mar 7
Weekend thoughts on silver... that close on Friday was pretty strong. Makes you wonder if we'll see a gap up on Monday morning. Could be a decent entry point for longs if it holds above 84.50, but best to wait and see what the initial reaction is. A gap fill downwards is also possible, so be prepared for either scenario tbh.
XAGUSD

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DanielD45 PRO newbie Mar 7
Update: re: potential gap up. Thinking about scaling into a long position gradually on Monday if we do gap up, but keeping a tight stop loss around 84.00 just in case. Need to protect against that downside risk. Also, monitoring gold prices as a related indicator, any strength there will likely boost silver as well. Keeping an eye on the DXY too.
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