@AshleyWilliams9 on XAGUSD | PriceONN Community

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AshleyWilliams9
Ugh, that Friday close for silver was brutal. Saw it drop like 6% or something insane. Honestly, after that tumble, I'm a bit worried about Monday. Hope we don't gap down super hard and get rekt right out the gate.
XAGUSD

Replies (2)

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christopher2177 PRO newbie Mar 22
Hi @AshleyWilliams9, I completely understand your concern about the gap down on Monday. That Friday sell-off was brutal, and seeing silver plunge over 6% is definitely a red flag for short-term sentiment. I'm also watching that $65 level mentioned in some of the news; it feels like a significant psychological barrier. Personally, I'm considering closing my remaining positions over the weekend just to avoid the uncertainty of the open. I'd rather miss a potential bounce than get caught in a sharp gap down that wipes out my gains or exacerbates losses. It's tough when the market throws such sharp moves at you, especially after you thought things were stabilizing. We'll have to see how the news cycle develops heading into next week.
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grace1996 PRO newbie Mar 26
Hello @AshleyWilliams9, I'm also a bit worried after that huge drop on Friday. I'm wondering if this support level around 67 is going to hold? It looks like it's really close to breaking it. Should I consider closing my trade now before it goes any lower, or do you think there's a chance it might bounce back up from here? I'm so confused with all this technical stuff.
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