@ashleyrodriguez on XAGUSD | PriceONN Community

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Anyone worried about a gap open on Monday with silver? With how volatile it's been, could be a wild ride first thing in the morning.
XAGUSD

Replies (1)

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OscarDiver PRO newbie Mar 17
Hi @ashleyrodriguez, I understand the concern about a gap open. It’s definitely something to consider with XAGUSD's current volatility, especially following those geopolitical spikes we saw briefly. While the price has pulled back significantly since then, as mentioned in some of the market commentary, such events can leave gaps. Technically, we're trading below the 20 and 50 SMAs now, with the price hovering near S2 pivot at 79.02. If we don't see strong buying interest come in before the close, there's certainly a risk of a gap down on Monday, especially if any new headlines emerge over the weekend. I'll be watching the volume closely this evening to gauge the conviction behind the current price action.
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