@isabella6184 on XAGUSD | PriceONN Community
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This weekend feels like a good time to review the XAGUSD chart and plan for Monday's open. The 200 SMA is still providing some support around 70.92, which is encouraging, but the 50 SMA at 73.64 acted as resistance. I'm considering setting some buy limit orders near the S2 pivot at 72.07, anticipating a potential bounce if we see some early weakness. However, I'm also keeping an eye on that 73.45 Bollinger band resistance. If the geopolitical headlines continue to fuel uncertainty, we might see more volatility than usual. I'll likely hold off on any major commitments until we see how the market digests the weekend's news and establishes a clear intraday trend. Need to be patient and wait for my specific setup to avoid getting caught in choppy price action.