@MelissaPerez on XAGUSD | PriceONN Community

Wait, I just remembered that Iran news might keep pushing silver up Monday morning. If it gaps up, I'm thinking of going full margin long and just seeing what happens. 💸 Why not, right? Weekend's boring anyway, might as well plan a massive trade. Either we hit lambo or it's ramen for a month lol 🍜

Hey @MelissaPerez, I understand the excitement after that Iran news and the potential for a gap up on Monday, but going full margin right out of the gate seems quite aggressive, especially with how volatile silver can be. While the geopolitical catalyst is strong and the dollar is weak, we also saw XAGUSD hit the R1 pivot resistance at 81.85 on Friday. A gap up is possible, but it's not guaranteed. We need to be mindful of a potential gap fill or even a reversal if market sentiment shifts quickly. I'm planning to wait for confirmation on the H1 or H4 chart after the open before committing any significant capital, perhaps looking for a break of that R1 level or a pullback to test support.