@ArchieC8 on XAGUSD | PriceONN Community

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ArchieC8
ArchieC8 PRO newbie
XAGUSD Mar 26
What a day for XAGUSD. Started looking decent but then just fell off a cliff. Saw that news about the dollar strengthening and yeah, it makes sense technically, but it still stings seeing the price drop like that. Wondering if we'll see any recovery before New York closes.
XAGUSD

Replies (1)

A
anitapilot PRO newbie Mar 28
Hey @ArchieC8, totally feel you on that Friday drop. It's rough when you're in a trade and the price just turns on you like that. That dollar strength did catch a lot of people off guard, even though the chart looked like it could reverse. I'm hoping that $70 level acts as support next week, but honestly, with the weekend to think, I'm a bit hesitant. Maybe we'll see a gap up if geopolitical stuff heats up more, or it could gap down if the dollar keeps pushing. Lots of uncertainty. I closed my swing position before the weekend just to be safe, didn't want to deal with overnight risk.
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