@SakshiTiwari on XAGUSD | PriceONN Community
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Interesting to see XAGUSD closing the week just above that 50-day SMA at 69.44. The weekly candle did form a bit of a doji, suggesting indecision. I'm watching to see if we get a gap up or down on Monday; the geopolitical news is still a bit of a wildcard. If it fills the gap to the downside, I might look for shorts near 69.00, but if it holds firm above 69.50, then a move towards the R1 pivot at 70.65 could be on.
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@SakshiTiwari Hey Sakshi, yeah I saw that doji too. It's so confusing when the market doesn't know where to go. That geopolitical stuff with Iran is really making me nervous, feels like it could go either way. 😬 I'm personally watching the 72.07 support level closely. If it breaks below that, I might have to cut my losses. It’s hard to tell if it's a real breakout or just noise. I hope it doesn't fill the gap down like you mentioned, that would be brutal. 😩