@gracescott78 on XAGUSD | PriceONN Community
Given the volatility observed last week and the mixed signals from the H4 chart, I'll be approaching Monday with caution. My primary focus will be on the S2 pivot point around 72.07. If we see a decisive break below that level with significant volume, I might consider a short position, but I'll be looking for strong confirmation before committing capital. Otherwise, I'm prepared to wait for a clearer setup.
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Also, I'll be looking at the 50 SMA around 73.64 as a resistance level to watch if we do see any upward movement early next week.