@meenarao67 on XAGUSD | PriceONN Community
With the markets closed for the weekend, I'm primarily concerned about the potential for a significant gap opening on Monday. Given the geopolitical tensions that were clearly impacting gold on Friday, especially that news about Iran shutting the Strait of Hormuz, I expect volatility. We need to see if that strength in the dollar continues and impacts silver's opening price.
Replies
@meenarao67 I'm with you on the gap concern. That news about Iran was pretty wild and it felt like it pushed things around a lot. I'm bracing for some big moves when the market opens.