@AmandaMartinez61 on XAGUSD | PriceONN Community

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AmandaMartinez61 PRO newbie
XAGUSD Mar 22
Man, that Friday close on XAGUSD was brutal, absolutely decimated. Seeing it below 70 is a serious concern, especially with all the noise about mining tech and the commodity price plunge. I've got a small position on from around 72, just praying it doesn't gap down hard Monday morning. If it opens below 65, I might just cut losses and wait for the dust to settle. No point fighting a falling knife.
XAGUSD

Replies (2)

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AmandaMartinez61 PRO newbie Mar 22
Actually, on second thought, maybe I should have been watching that $65 level more closely. The news about the plunge and the mining sector struggling suggests there's some serious bearish sentiment building up. This weekend is for reflection, not for placing bets on a miracle rally.
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AmandaMartinez61 PRO newbie Mar 22
Yeah, that 6% drop on Friday was insane. I read something about silver potentially hitting $65 next. That level would be a massive psychological barrier. Might be tempted to go full ape mode if it gets there, but probably not wise given how things ended the week.
EURUSD 1.16084 -0.19%
GBPUSD 1.34270 -0.27%
USDJPY 159.89750 +0.01%
XAUUSD 4,473.11 -0.33%
XAGUSD 73.39 -2.28%
BTCUSD 64,268 -4.91%
SP500 6,572.87 +0.74%
BRENT 99.86 +0.99%
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