@S_Moore on XAGUSD | PriceONN Community
This Iran news is really pushing XAGUSD up but I'm still worried about Monday open. What if there's a big gap down? I'm thinking of closing my position before the weekend just to be safe. It's hard to relax when you're holding a position over the weekend, always thinking about what could happen.
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Actually, rethinking that whole gap thing. The Strait of Hormuz news was pretty significant, and if that eases oil tensions, it might actually support silver. But still, the news cycle can change so fast. I'm leaning towards just holding for now and setting a tight stop loss just in case. Better to risk a small loss than miss out if it keeps climbing, but I'm still nervous about the $83 level. That feels like strong resistance.