@zenithx395 on XAGUSD | PriceONN Community

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Z
Silver had a pretty strong close on Friday, didn't it? I'm cautiously optimistic, but that RSI is making me a bit nervous going into the weekend. With the market closed, there's always a risk of a gap open on Monday, especially with all the geopolitical tensions at the moment. I'll be watching closely to see how it reacts.
XAGUSD

Replies (1)

Z
zenithx395 PRO newbie Mar 1
Update: Thinking about that close again, the volume wasn't as high as I'd like to see for such a strong move. That could indicate some hesitancy in the market, or maybe just profit-taking before the weekend. I'm considering hedging my position slightly just in case we see a sharp reversal early next week. Better safe than sorry, eh?
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