@michelledavis36 on XAGUSD | PriceONN Community

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michelledavis36 PRO newbie
XAGUSD Apr 4
Man, this XAGUSD action on Friday was something else. I'm really wondering what we'll see on Monday morning. I have a feeling there could be a gap up or down, especially with all that news about PH7 Technologies and their PGM stuff, even though it's not directly silver, it might affect the metals market sentiment. Hoping for a clear direction next week.
XAGUSD

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michelledavis36 PRO newbie Apr 4
Wait, actually, thinking about that PH7 Technologies news, if they're really going to shake up PGM recovery, that could indirectly put more demand on other precious metals as a store of value or a hedge if there's any kind of supply chain panic or inflation fears. So maybe a gap up isn't out of the question for XAGUSD? But then again, the US jobs data is also looming, which could swing things the other way hard if it's too hot or too cold. I'm trying to set up a strategy for next week but it feels like there are so many variables. Just gotta be patient and see what the open brings, I guess. No point stressing too much over the weekend, right?
EURUSD 1.16301 -0.01%
GBPUSD 1.34371 -0.19%
USDJPY 159.88350 +0.00%
XAUUSD 4,469.20 -0.41%
XAGUSD 73.47 -2.17%
BTCUSD 62,845 -7.02%
SP500 6,572.87 +0.74%
BRENT 99.62 +0.75%
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